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01654cas a2200241 a 4500 |
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AALejournalIMF001098 |
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|c 5.00 USD
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|z 9781451858938
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Kaminsky, Graciela.
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|a Currency and Banking Crises :
|b The Early Warnings of Distress /
|c Graciela Kaminsky.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1999.
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| 300 |
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|a 1 online resource (38 pages)
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| 490 |
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|a IMF Working Papers
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| 500 |
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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| 500 |
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a The abruptness and virulence of the 1997 Asian crises have led many to claim that these crises are of a new breed and were thus unforecastable. This paper examines 102 financial crises in 20 countries and concludes that the Asian crises are not of a new variety. Overall, the 1997 Asian crises, as well as previous crises elsewhere, occur when economies are in distress, making the degree of fragility of the economy a useful indicator of future crises. Based on this idea, the paper proposes different composite leading indicators of crises, evaluated in terms of accuracy both in-sample and out-of-sample.
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| 538 |
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 1999/178
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1999/178/001.1999.issue-178-en.xml
|z IMF e-Library
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