Assessing Early Warning Systems : How Have they Worked in Practice? /

Since 1999, the IMF's staff has been tracking several early-warning-system (EWS) models of currency crisis. The results have been mixed. One of the long-horizon models has performed well relative to pure guesswork and to available non-model-based forecasts, such as agency ratings and private an...

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Bibliographic Details
Main Author: Berg, Andrew
Other Authors: Borensztein, Eduardo, Pattillo, Catherine
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2004.
Series:IMF Working Papers; Working Paper ; No. 2004/052
Online Access:Full text available on IMF