Comparing the Performance of Logit and Probit Early Warning Systems for Currency Crises in Emerging Market Economies
We compare how logit (fi xed effects) and probit early warning systems (EWS) predict in-sample and out-of-sample currency crises in emerging markets (EMs). We look at episodes of currency crises that took place in 29 EMs between January 1995 and December 2012. Stronger real GDP growth rates and h...
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| Format: | Article |
| Language: | English |
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University of Warsaw
2016-06-01
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| Series: | Journal of Banking and Financial Economics |
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| Online Access: | https://jbfe.wz.uw.edu.pl/resources/html/article/details?id=202983 |