## Abstract In this paper, a modified βearly warning systemβ (EWS) approach is developed to identify the roles of domestic and external factors in emerging market crises. Several probit models of currency crises were estimated for 26 emerging market countries. These models were used to identify the
β¦ LIBER β¦
What Caused the Asian Crises: An Early Warning System Approach
β Scribed by A. Berg; C. Pattillo
- Book ID
- 108557541
- Publisher
- John Wiley and Sons
- Year
- 1999
- Tongue
- English
- Weight
- 443 KB
- Volume
- 28
- Category
- Article
- ISSN
- 0391-5026
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Two recent catastrophic earthquakes that struck the Marmara Region on 17 August 1999 (M w ΒΌ 7.4) and 12 November 1999 (M w ΒΌ 7.2) caused major concern about future earthquake occurrences in Istanbul and the Marmara Region. As a result of the preparations for an expected earthquake may occur around I