Assessing Financial Vulnerability

Assessing Financial Vulnerability

An Early Warning System for Emerging Markets

by Carmen M. Reinhart, Morris Goldstein, Graciela Laura Kaminsky

134 pages· 2000· ISBN 9780881322378
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This study reviews the literature on the origins of currency and banking crises. It presents empirical tests on the performance of alternative early-warning indicators for emerging-market economies. The book also identifies crisis-threshold values for early-warning indicators.

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