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Does currency crisis identification matter?

Author

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  • S. DeVicerte
  • P. Alvarez
  • J. Perez
  • C. Caso

Abstract

Empirical studies employ very different methods to identify the moments at which currency crises occur. In previous works we have shown that considerable variations exist between the crises indicated by each of them. In this work, we use a broad sample of these indicators as a dependent variable in one of the most frequently cited Early Warning System models and show that significant differences appear in the variables that enable currency crises to be anticipated.

Suggested Citation

  • S. DeVicerte & P. Alvarez & J. Perez & C. Caso, 2008. "Does currency crisis identification matter?," Applied Financial Economics, Taylor & Francis Journals, vol. 18(5), pages 387-395.
    • Handle: RePEc:taf:apfiec:v:18:y:2008:i:5:p:387-395
    DOI: 10.1080/09603100600949192
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    References listed on IDEAS

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    Cited by:

    1. Zeynep KARACOR & Korhan GOKMENOGLU, 2012. "Predictability Of Financial Crises: Testing K.R.L. Model In The Case Of Turkey," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 5-16, June.
    2. Yucel, Eray, 2011. "A Review and Bibliography of Early Warning Models," MPRA Paper 32893, University Library of Munich, Germany.
    3. Ari, Ali & Cergibozan, Raif, 2018. "Currency crises in Turkey: An empirical assessment," Research in International Business and Finance, Elsevier, vol. 46(C), pages 281-293.

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