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...

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Detalhes bibliográficos
Autor principal: Schimmelpfennig, Axel
Outros Autores: Manasse, Paolo, Roubini, Nouriel
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2003.
Colecção:IMF Working Papers; Working Paper ; No. 2003/221
Acesso em linha:Full text available on IMF