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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Hofman, David
Weitere Verfasser: Atoyan, Ruben, Mecagni, Mauro, Tzanninis, Dimitri
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2007.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2007/258
Online Zugang:Full text available on IMF