Compartir
International Finance Discussion Papers: Do Indicators of Financial Crises Work? an Evaluation of an Early Warning System (en Inglés)
United States Federal Reserve Board
(Autor)
·
Hali J. Edison
(Autor)
·
Bibliogov
· Tapa Blanda
International Finance Discussion Papers: Do Indicators of Financial Crises Work? an Evaluation of an Early Warning System (en Inglés) - Edison, Hali J. ; United States Federal Reserve Board
$ 29.61
$ 41.14
Ahorras: $ 11.52
Elige la lista en la que quieres agregar tu producto o crea una nueva lista
✓ Producto agregado correctamente a la lista de deseos.
Ir a Mis Listas
Origen: Estados Unidos
(Costos de importación incluídos en el precio)
Se enviará desde nuestra bodega entre el
Viernes 26 de Julio y el
Viernes 02 de Agosto.
Lo recibirás en cualquier lugar de Internacional entre 1 y 3 días hábiles luego del envío.
Reseña del libro "International Finance Discussion Papers: Do Indicators of Financial Crises Work? an Evaluation of an Early Warning System (en Inglés)"
The object of this paper is to develop an operational early warning system (EWS) that can detect financial crises. To achieve this goal the paper analyzes and extends the early warning system developed by Kaminsky, Lizondo, and Reinhart (1998) and Kaminsky and Reinhart (1999) that is based on the "signal" approach. This system monitors several indicators that tend to exhibit an unusual behavior in the periods preceding a crisis. When an indicator exceeds (or falls below) a threshold, then it is said to issue a "signal" that a currency crisis may occur within a given period. The model does a fairly good job of anticipating some of the crises in 1997/1998, but several weaknesses to the approach are identified. The paper also evaluates how this system can be applied to an individual country. On balance, the results in this paper are mixed, but the results suggest that an early warning system should be thought of as a useful diagnostic tool.
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
Todos los libros de nuestro catálogo son Originales.
El libro está escrito en Inglés.
La encuadernación de esta edición es Tapa Blanda.
✓ Producto agregado correctamente al carro, Ir a Pagar.