Early Warning Systems: A Survey and a Regime-Switching Approach
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Keywords
WP; exchange rate; growth rate; Markov chain; Currency crisis; early warning system; regime switching; Markov switching; crisis probability; short-term debt; nominal exchange rate; crisis date; identification method; crisis vulnerability; discriminant analysis; crisis index; crisis measure; crisis duration; crisis-identification threshold; Currency crises; Early warning systems; Exchange rates; Markov-switching models; Global;All these keywords.
NEP fields
This paper has been announced in the following NEP Reports:- NEP-FIN-2003-06-04 (Finance)
- NEP-IFN-2004-03-14 (International Finance)
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