Add to ORKGIn this chapter we provide a brief review of the “signals” approach used in this book to assess the probability of a currency or a banking crisis. This methodology was first used to analyze the performance of a variety of macroeconomic and financial indicators around the “twin crises” in Kaminsky and Reinhart (1996) and is described in greater detail in Kaminsky, Lizondo, and Reinhart (1998). In the analysis that follows we focus on a sample of 25 countries over the period 1970 to 1995. The out-of-sample performance of the “signals” approach will be assessed using data for the January 1996-June 1997 period
Indicators of financial crisis generally do not have a good track record. This paper presents an ear...
This paper investigates the performance of early warning systems for currency crises in real-time, u...
This paper explores how the "signals" approach can be used to examine determinants of currency distu...
In this chapter we provide a brief review of the “signals” approach used in this book to assess the ...
Predicting the timing of currency and banking crises is likely to remain an elusive task for academi...
The signals approach was applied to 24 of the indicators around the dates of the 29 banking and the ...
Currency crises may appear and propagate under many forms, a fact which led to their analysis throug...
This paper presents a novel methodology to calculate thresholds in an early warning signalling frame...
The object of this paper is to develop an operational early warning system (EWS) that can detect fin...
The recent spate of banking and currency crises has underscored the need to develop early warning sy...
This study analyzes and provides empirical tests of early warning indicators of banking and currency...
This thesis tests an early warning system that can forecast currency crises. It then compares the pe...
Early warning indicators (EWIs) of banking crises should ideally be judged on how well they function...
With a growing focus on macroprudential policy in the aftermath of the financial crisis of 2007/2008...
In focusing on the 24 month window prior to the onset of the crisis, the criteria for ranking the in...
Indicators of financial crisis generally do not have a good track record. This paper presents an ear...
This paper investigates the performance of early warning systems for currency crises in real-time, u...
This paper explores how the "signals" approach can be used to examine determinants of currency distu...
In this chapter we provide a brief review of the “signals” approach used in this book to assess the ...
Predicting the timing of currency and banking crises is likely to remain an elusive task for academi...
The signals approach was applied to 24 of the indicators around the dates of the 29 banking and the ...
Currency crises may appear and propagate under many forms, a fact which led to their analysis throug...
This paper presents a novel methodology to calculate thresholds in an early warning signalling frame...
The object of this paper is to develop an operational early warning system (EWS) that can detect fin...
The recent spate of banking and currency crises has underscored the need to develop early warning sy...
This study analyzes and provides empirical tests of early warning indicators of banking and currency...
This thesis tests an early warning system that can forecast currency crises. It then compares the pe...
Early warning indicators (EWIs) of banking crises should ideally be judged on how well they function...
With a growing focus on macroprudential policy in the aftermath of the financial crisis of 2007/2008...
In focusing on the 24 month window prior to the onset of the crisis, the criteria for ranking the in...
Indicators of financial crisis generally do not have a good track record. This paper presents an ear...
This paper investigates the performance of early warning systems for currency crises in real-time, u...
This paper explores how the "signals" approach can be used to examine determinants of currency distu...