Resource title

Mis-Leading Indicators? The Argentinean Currency Crisis

Resource image

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Resource description

Despite the fact that Argentina has been suffering from recession for years the timing and severity of the recent currency crisis has surprised most observers. This paper analyzes whether the ?early warning? or ?signals? approach of Kaminsky (1998), Kaminsky/Lizondo/Reinhart (1998) and Kaminsky/Reinhart (1999) could have predicted the Argentinean currency crisis at an earlier point in time. Using a broad set of indicators, it is shown that the forecasting quality of this approach was poor in the case of Argentina.

Resource author

Patricia Alvarez Plata, Mechthild Schrooten

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/18063

Resource license

Adapt according to the presented license agreement and reference the original author.