Leading Indicators of Currency Crises is popular PDF and ePub book, written by Graciela Laura Kaminsky in 1997-07-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Leading Indicators of Currency Crises can be Read Online from any device for your convenience.
Leading Indicators of Currency Crises Book PDF Summary
This paper examines the empirical evidence on currency crises and proposes a specific early warning system. This system involves monitoring the evolution of several indicators that tend to exhibit an unusual behavior in the periods preceding a crisis. When an indicator exceeds a certain threshold value, this is interpreted as a warning “signal” that a currency crisis may take place within the following 24 months. The variables that have the best track record within this approach include exports, deviations of the real exchange rate from trend, the ratio of broad money to gross international reserves, output, and equity prices.
Detail Book of Leading Indicators of Currency Crises PDF
- Author : Graciela Laura Kaminsky
- Release : 01 July 1997
- Publisher : International Monetary Fund
- ISBN : 9781451955866
- Genre : Business & Economics
- Total Page : 44 pages
- Language : English
- PDF File Size : 12,7 Mb
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