EconPapers    
Economics at your fingertips  
 

Early Warning Indicators for Latin America""

Fernando Tenjo () and Martha López ()

BORRADORES DE ECONOMIA from BANCO DE LA REPÚBLICA

Abstract: We explore the performance of a set of early warning indicators for a group of Latin American economies under the endogenous cycle perspective. For this group of countries, the paper confirms the results of work on industrialized countries that a combination of asset prices and credit provides valuable information of probable future financial crises. However, we go a step further in the analysis of emerging economies and find that a combination of capital flows from abroad and credit is an even superior leading indicator of such events.

Keywords: Financial (in) stability; early warning indicators; financial accelerator. (search for similar items in EconPapers)
JEL-codes: E30 E52 F30 F41 (search for similar items in EconPapers)
Pages: 21
Date: 2010-06-08
New Economics Papers: this item is included in nep-dev and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11) Track citations by RSS feed

Downloads: (external link)
http://www.banrep.gov.co/docum/ftp/borra608.pdf
Our link check indicates that this URL is bad, the error code is: 403 Forbidden (http://www.banrep.gov.co/docum/ftp/borra608.pdf [301 Moved Permanently]--> https://www.banrep.gov.co/docum/ftp/borra608.pdf)

Related works:
Journal Article: Early Warning Indicators for Latin America (2010) Downloads
Journal Article: Early Warning Indicators for Latin America (2010) Downloads
Working Paper: Early Warning Indicators for Latin America (2010) Downloads
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:col:000094:007073

Access Statistics for this paper

More papers in BORRADORES DE ECONOMIA from BANCO DE LA REPÚBLICA
Bibliographic data for series maintained by Clorith Angélica Bahos Olivera ().

 
Page updated 2022-11-06
Handle: RePEc:col:000094:007073