The Global Financial Crisis (GFC) has aected many regions including Latin America. This paper focuses on currency crises in Argentina, Brazil and Mexico. We estimate an Early Warning System, consisting of a dynamic factor model and an ordered logit model, with monthly data for 1990-2007. Ex ante forecasts for 2008-2009 do not produce currency crises in the fall of 2008, in sharp contrast with reality. Our model only predicts an increased probability of a currency crisis for Argentina in 2009
This paper focuses on some of the macroeconomic risks that lie ahead for Latin America. The discussi...
The current episode (2007-09) may well be the first time since Latin America gained its independence...
This paper focuses on some of the macroeconomic risks that lie ahead for Latin America. The discussi...
The Global Financial Crisis (GFC) has aected many regions including Latin America. This paper focuse...
The Global Financial Crisis (GFC) has aected many regions including Latin America. This paper focuse...
The Global Financial Crisis (GFC) has aected many regions including Latin America. This paper focuse...
The Global Financial Crisis (GFC) has aected many regions including Latin America. This paper focuse...
Latin America has a rich history of financial crises. However, it was relatively unharmed by the 200...
The frequency of currency crises in Latin America has not abated in the last few years, as the Mexic...
This paper focuses on some of the macroeconomic risks that lie ahead for Latin America. The discussi...
This paper focuses on some of the macroeconomic risks that lie ahead for Latin America. The discussi...
This paper focuses on some of the macroeconomic risks that lie ahead for Latin America. The discussi...
This paper focuses on some of the macroeconomic risks that lie ahead for Latin America. The discussi...
This paper focuses on some of the macroeconomic risks that lie ahead for Latin America. The discussi...
The current episode (2007-09) may well be the first time since Latin America gained its independence...
This paper focuses on some of the macroeconomic risks that lie ahead for Latin America. The discussi...
The current episode (2007-09) may well be the first time since Latin America gained its independence...
This paper focuses on some of the macroeconomic risks that lie ahead for Latin America. The discussi...
The Global Financial Crisis (GFC) has aected many regions including Latin America. This paper focuse...
The Global Financial Crisis (GFC) has aected many regions including Latin America. This paper focuse...
The Global Financial Crisis (GFC) has aected many regions including Latin America. This paper focuse...
The Global Financial Crisis (GFC) has aected many regions including Latin America. This paper focuse...
Latin America has a rich history of financial crises. However, it was relatively unharmed by the 200...
The frequency of currency crises in Latin America has not abated in the last few years, as the Mexic...
This paper focuses on some of the macroeconomic risks that lie ahead for Latin America. The discussi...
This paper focuses on some of the macroeconomic risks that lie ahead for Latin America. The discussi...
This paper focuses on some of the macroeconomic risks that lie ahead for Latin America. The discussi...
This paper focuses on some of the macroeconomic risks that lie ahead for Latin America. The discussi...
This paper focuses on some of the macroeconomic risks that lie ahead for Latin America. The discussi...
The current episode (2007-09) may well be the first time since Latin America gained its independence...
This paper focuses on some of the macroeconomic risks that lie ahead for Latin America. The discussi...
The current episode (2007-09) may well be the first time since Latin America gained its independence...
This paper focuses on some of the macroeconomic risks that lie ahead for Latin America. The discussi...