Do indicators of financial crises work?
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Hali J. Edison
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Article
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2003
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John Wiley and Sons
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English
โ 511 KB
## Abstract The object of this paper is to develop an operational early warning system (EWS) that can detect financial crises. To achieve this goal the paper analyses and extends the early warning system developed by Kaminsky, Lizondo and Reinhart (1998) and Kaminsky and Reinhart (1999) that is bas