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...

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Bibliografiska uppgifter
Huvudupphovsman: Hofman, David
Övriga upphovsmän: Atoyan, Ruben, Mecagni, Mauro, Tzanninis, Dimitri
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2007.
Serie:IMF Working Papers; Working Paper ; No. 2007/258
Länkar:Full text available on IMF