In this study, we try to examine whether the forecast errors obtained by the ANN models affect the breakout of financial crises. Additionally, we try to investigate how much the asymmetric information and forecast errors are reflected on the output values. In our study, we used the exchange rate...

Purpose – The purpose of this paper is to examine two different approaches in the prediction of the economic recession periods in the US economy.Design/methodology/approach – A logit regression was applied and the prediction performance in two out-of-sample periods, 2007-2009 and 2010 was...