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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Schimmelpfennig, Axel
Weitere Verfasser: Manasse, Paolo, Roubini, Nouriel
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2003.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2003/221
Online Zugang:Full text available on IMF