Predicting Sovereign Debt Crises /

We develop an early-warning model of sovereign debt crises. A country is defined to be in a debt crisis if it is classified as being in default by Standard and Poor's, or if it has access to nonconcessional IMF financing in excess of 100 percent of quota. By means of logit and binary recursive...

Descripció completa

Dades bibliogràfiques
Autor principal: Schimmelpfennig, Axel
Altres autors: Manasse, Paolo, Roubini, Nouriel
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2003.
Col·lecció:IMF Working Papers; Working Paper ; No. 2003/221
Accés en línia:Full text available on IMF