El-Shagi, M.; Knedlik, T.; von Schweinitz, G. - In: Journal of International Money and Finance 35 (2013) C, pp. 76-103
The signals approach as an early-warning system has been fairly successful in detecting crises, but it has so far … crisis probability in three applications of the signals approach to different crisis types. To that end, we propose … signals approach yield economically meaningful results; (2) that composite indicators aggregating information contained in …