Are Currency Crises Predictable? : A Test /

This paper evaluates three models for predicting currency crises that were proposed before 1997. The idea is to answer the question: if we had been using these models in late 1996, how well armed would we have been to predict the Asian crisis? The results are mixed but somewhat encouraging. One mode...

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Bibliographic Details
Main Author: Pattillo, Catherine
Other Authors: Berg, Andrew
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Working Papers; Working Paper ; No. 1998/154
Online Access:Full text available on IMF