Predicting Financial Crises: An Overview

Morris Goldstein

from Palgrave Macmillan

Abstract: Abstract This paper aims to provide an overview of the progress in developing and applying early warning systems (EWS) for financial (banking and currency) crises in emerging economies. Investing in the development of an early warning model is important for two reasons. First, banking and currency crises are extremely costly to the countries in which they originate—as well as to other countries that are affected by the spillover of the original crisis.

Keywords: Gross Domestic Product; Early Warning; Real Exchange Rate; Early Warning System; Asian Financial Crisis (search for similar items in EconPapers)
Date: 2005
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50106-5_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230501065

DOI: 10.1057/9780230501065_3

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().