Predicting sovereign debt crises: An Early Warning System approach
نویسندگان
چکیده
منابع مشابه
Optimal design of early warning systems for sovereign debt crises
This paper tackles the design of an optimal early warning system (EWS) for sovereign default from two distinct angles: the choice of the econometric methodology and the evaluation of the EWS itself. It compares K-means clustering of macrodata, a logit regression for macrodata, a logit regression for credit ratings, and the combined forecasts from all three methods. The optimal choice of forecas...
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2 The Series " Documenti di Lavoro " of the Istituto di Studi e Analisi Economica – Institute for Studies and Economic Analyses (ISAE) hosts the preliminary results of the research projects carried out within ISAE. The diffusion of the papers is subject to the favourable opinion of an anonymous referee, whom we would like to thank. The opinions expressed are merely the Authors' own and in no wa...
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ژورنال
عنوان ژورنال: Journal of Financial Stability
سال: 2017
ISSN: 1572-3089
DOI: 10.1016/j.jfs.2016.11.008