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Are Currency Crises Predictable? a Test
By:Ms. Catherine A. Pattillo,Mr. Andrew Berg
Published on 1998-11-01 by International Monetary Fund

This paper evaluates three models for predicting currency crises that were proposed before 1997. The idea is to answer the question: if we had been using these models in late 1996, how well armed would we have been to predict the Asian crisis? The results are mixed but somewhat encouraging. One model, and our modifications to it, provide useful forecasts, at least compared with a naive benchmark. The head-to-head comparison also sheds light on the economics of currency crises, the nature of the Asian crisis, and issues in the empirical modeling of currency crises.
This Book was ranked at 41 by Google Books for keyword Currency crisis.
Book ID of Are Currency Crises Predictable? a Test's Books is 64iWS71ZDJsC, Book which was written byMs. Catherine A. Pattillo,Mr. Andrew Berghave ETAG "L7E11wPTfjg"
Book which was published by International Monetary Fund since 1998-11-01 have ISBNs, ISBN 13 Code is 9781452753232 and ISBN 10 Code is 1452753237
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