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 Development and Application of an Early Warning Model for CEE Countries An Early Warning Model for Currency Crises in CEE Countries.
Наименование:

Development and Application of an Early Warning Model for CEE Countries An Early Warning Model for Currency Crises in CEE Countries.

автор Franz S. издательство Книга по Требованию Экономическая теория
Cтраниц 52        мягкая обложка       
Аннотация:Two multivariate probit regressions with all statistically significant economic variables on a (0,1)-distributed crisis variable were estimated. Overall, the model appears to track developments in individual countries rather well, although the importance of some variables seems to change over time. In this study, an early warning model for currency crises was developed for a sample of quarterly data from twelve Central and Eastern European transition countries. For in-sample forecasts, the predictions of both model specifications proved to perform significantly better than random guesses as well as some comparable early warning models. With respect to economic interpretations, the results of this study lend support to “first generation” and “generation two and a half crisis” models which place a big weight on economic fundamentals in explaining currency crises.
Автор: Franz S.
Издательство: Книга по Требованию
Год:2009
Цена:
2007 руб
Нет в наличии
Поиск: Development and Application of an Early Warning Model for CEE Countries An Early Warning Model for Currency Crises in CEE Countries.
НОВЫЙ ГОД СИМВОЛ 2013 ГОДАУКРАШЕНИЯ
КАРНАВАЛ НА НОВЫЙ ГОД РАСПРОДАЖА
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