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smaller samples. We propose modifying their methodology to deal with small samples by using Monte Carlo simulations to …
Persistent link: https://www.econbiz.de/10005264217
Since 1999, the IMF's staff has been tracking several early-warning-system (EWS) models of currency crisis. The results have been mixed. One of the long-horizon models has performed well relative to pure guesswork and to available non-model-based forecasts, such as agency ratings and private...
Persistent link: https://www.econbiz.de/10005768990