Download and Read Are Currency Crises Predictable full books in PDF, ePUB, and Kindle. Read online free Are Currency Crises Predictable ebook anywhere anytime directly on your device. We cannot guarantee that every ebooks is available!
Download Are Currency Crises Predictable? A Test Book in PDF, Epub and Kindle
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.
Are Currency Crises Predictable? A Test Related Books
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
This paper studies whether exchange rate expectations and overvaluations are predictors of currency crises. The results suggest that overvaluation has predictiv
In the 1990s, currency crises in Europe, Mexico and Southeast Asia have drawn worldwide attention to speculative attacks on government-controlled exchange rates
Economists and policymakers are still trying to understand the lessons recent financial crises in Asia and other emerging market countries hold for the future o
