The Duration of Capital Account Crises-An Empirical Analysis /

This paper examines the duration of capital account crises. We develop a new index to identify both the start and the end of these crises. Applying the index to a sample of 18 crisis episodes, we derive stylized facts on crisis duration and review the economic and financial circumstances that prevai...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Hofman, David
Awduron Eraill: Atoyan, Ruben, Mecagni, Mauro, Tzanninis, Dimitri
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2007.
Cyfres:IMF Working Papers; Working Paper ; No. 2007/258
Mynediad Ar-lein:Full text available on IMF