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The efficiency of early warning indicators for financial crises

Rabe, Jens Michael - 2000

The banking and currency crises of the last two decades inflictedsubstantial financial, economic, and social damage on thecountries in which they originated. In this work, the efficiencyof early warning indicators for these disastrous economic eventsis evaluated. An analysis of the traditional...

Persistent link: https://www.econbiz.de/10009471830

A comprehensive approach for currency crises theories stressing the role of the anchor country

Ganz, Verena - 2008

The approach is based on the finding that new generations of currency crises theories always had developed ex post after popular currency crises. Discussing the main theories of currency crises shows their disparity: The First Generation of currency crises models argues based on the assumption...

Persistent link: https://www.econbiz.de/10009433694

The Economics of Currency Crises and Contagion: An Introduction

Pesenti, Paolo A.; Tille, Cédric - Federal Reserve Bank <New York, NY> - 2000

[...]We begin by discussing the so-called first generation ofmodels, in which crises are viewed in the literature as theunavoidable result of unsustainable policies or fundamentalimbalances. Next, we survey the literature on the secondgeneration of models, which highlights the possibility of...

Persistent link: https://www.econbiz.de/10005869910

Finanzmarktkrisen und Ansteckungseffekte

Liesenfeld, Stefanie - 2007

about contagion effects of the financial crisis in Argentina in 2002 using Panel Probit estimation. Finally there is an …

Persistent link: https://www.econbiz.de/10009475333

Die besondere Problematik von Währungskrisen in Emerging Market Economies

Huth, Matthias - 2006

Ziel dieser Arbeit ist es, Erklärungen für die im Vergleich zu Industriestaaten oft deutlich schwerer wiegenden Währungskrisen in Emerging Market Economies zu finden. Damit verbunden ist die Frage nach den Determinanten des Krisenausmaßes. Dazu wird zunächst ein detailierter Überblick...

Persistent link: https://www.econbiz.de/10009448912

EARLY WARNING SYSTEMS OF FINANCIAL CRISES - IMPLEMENTATION OF ACURRENCY CRISIS MODEL FOR UGANDA

Heun, Michael; Schlink, Torsten - Frankfurt School of Finance & Management - 2004

The objective of this paper is to implement a prototype of a currency crisis modelas part of an early warning system framework for Uganda. The financial systemsof developing countries like Uganda are especially vulnerable and therefore robustinstruments to predict crises are needed. Our model is...

Persistent link: https://www.econbiz.de/10005865806

Die Korea-Krise als Chance?

Goydke, Tim - 1999

Stellt sich das Investitionsklima für deutsche Unternehmen seit der Krise von 1997/98 in Korea tatsächlich so positiv dar, wie Medienberichte und Wirtschaftszahlen suggerieren oder ist die Entwicklung möglicherweise nur auf einige wenige "Großeinkäufe" deutscher Großunternehmen...

Persistent link: https://www.econbiz.de/10005841460

Asia’s Trade Performance after the Currency Crisis

Higgins, Matthew J.; Klitgaard Hertel, Thomas - Federal Reserve Bank <New York, NY> - 2000

[...]A key observation is that import and export prices roughlytracked each other, with both tracking the behavior of worldtradable goods prices. Indeed, trade prices were fallingthroughout Asia by similar magnitudes, regardless of howmuch each country’s currency depreciated. For both...

Persistent link: https://www.econbiz.de/10005869932

Asia Crisis Postmortem: Where Did the Money Go and Did the United States Benefit?

Van Wincoop, Eric; Yi, Kei-Mu - Federal Reserve Bank <New York, NY> - 2000

[...]In our view, this apparently surprising immunity of the U.S.economy to the Asia crisis reflects the fact that the original wayof thinking about the crisis was flawed. First, it focused only ondemand-side channels and ignored the supply side. Second, thedepreciation of the Asian currencies...

Persistent link: https://www.econbiz.de/10005869933

Messung und Bewertung sozialer Folgelasten für die Geberländerdes Euro-Rettungsfonds

Maier, Helmut - Leontief-Institut für Wirtschaftsanalyse - 2011

. Euro) aufgespannt, unter anderem deshalb, weil ähnliche Schockwellen wie beim Zusammenbruch der US-Bank Lehman Brothers … befürchtet wurden und ein Zusammenbruch der Gemeinschaftswährung Euro vermieden werden sollte. Während diese solidarische …. Euro verdoppelt; nach Jean-Claude Juncker, Vorsitzender der Eurogruppe, beziffert diese Zahl die „effektive …

Persistent link: https://www.econbiz.de/10008911488