Volume/Issue: 1999/178
Series: IMF Working Papers
Author(s):
Graciela Kaminsky
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
1999
ISBN: 9781451858938
The abruptness and virulence of the 1997 Asian crises have led many to claim that these crises are of a new breed and were thus unforecastable. This paper examines 102 financial crises in 20 countries and concludes...
Volume/Issue: 2003/221
Series: IMF Working Papers
Author(s):
Axel Schimmelpfennig
,
Nouriel Roubini
, and
Paolo Manasse
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
November
2003
ISBN: 9781451875256
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 & Poor's, or if it has access to nonconcessional IMF finan...
Volume/Issue: 2003/122
Series: IMF Working Papers
Author(s):
Amadou Sy
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2003
ISBN: 9781451854510
In contrast to the early-warning system literature, we find that currency and debt crises are not closely linked in emerging markets. We find that after 1994, credit ratings predict debt crises but fail to anticipa...
Volume/Issue: 2003/32
Series: IMF Working Papers
Author(s):
Abdul Abiad
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2003
ISBN: 9781451845136
Previous early-warning systems (EWSs) for currency crises have relied on models that require a priori dating of crises. This paper proposes an alternative EWS, based on a Markov-switching model, which identifies an...
Volume/Issue: 1999/178
Series: IMF Working Papers
Author(s):
Graciela Kaminsky
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
1999
DOI: http://dx.doi.org/10.5089/9781451858938.001
ISBN: 9781451858938
The abruptness and virulence of the 1997 Asian crises have led many to claim that these crises are of a new breed and were thus unforecastable. This paper examines 102 financial crises in 20 countries and concludes...
Volume/Issue: 2003/221
Series: IMF Working Papers
Author(s):
Axel Schimmelpfennig
,
Nouriel Roubini
, and
Paolo Manasse
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
November
2003
DOI: http://dx.doi.org/10.5089/9781451875256.001
ISBN: 9781451875256
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 & Poor's, or if it has access to nonconcessional IMF finan...
Volume/Issue: 2003/122
Series: IMF Working Papers
Author(s):
Amadou Sy
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2003
DOI: http://dx.doi.org/10.5089/9781451854510.001
ISBN: 9781451854510
In contrast to the early-warning system literature, we find that currency and debt crises are not closely linked in emerging markets. We find that after 1994, credit ratings predict debt crises but fail to anticipa...
Volume/Issue: 2003/32
Series: IMF Working Papers
Author(s):
Abdul Abiad
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2003
DOI: http://dx.doi.org/10.5089/9781451845136.001
ISBN: 9781451845136
Previous early-warning systems (EWSs) for currency crises have relied on models that require a priori dating of crises. This paper proposes an alternative EWS, based on a Markov-switching model, which identifies an...