Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Users Guide To An Early Warning System For Macroeconomic Vulnerability In Latina American Countries
Download Users Guide To An Early Warning System For Macroeconomic Vulnerability In Latina American Countries full books in PDF, epub, and Kindle. Read online Users Guide To An Early Warning System For Macroeconomic Vulnerability In Latina American Countries ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis User's Guide to an Early Warning System for Macroeconomic Vulnerability in Latin American Countries by : Santiago Herrera
Download or read book User's Guide to an Early Warning System for Macroeconomic Vulnerability in Latin American Countries written by Santiago Herrera and published by . This book was released on 2016 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Models for an early warning system do a good job predicting vulnerability to macroeconomic crises in several Latin American countries.Herrera and Garcia develop an early warning system for macroeconomic vulnerability for several Latin American countries, drawing on the work of Kaminsky, Lizondo, and Reinhart (1997) and Kaminsky (1988).They build a composite leading indicator that signals macroeconomic vulnerability, showing that, historically, crises tend to happen in certain vulnerable situations.Interested mainly in providing an operational tool, Herrera and Garcia use a different approach to the problem than Kaminsky did. First, they use fewer variables to generate the signals. Then, after the variables are aggregated, a signal is issued, depending on the behavior of the composite index. (Kaminsky's procedure was to generate signals with each variable and then aggregate them.)Their results are satisfactory both statistically and operationally.Statistically, Type I and Type II errors are smaller than those reported in previous papers.Operationally, this system of leading indicators is less costly to maintain, given fewer variables - which are widely available and reported with timeliness.Herrera and Garcia tested the models' out-of-sample predictive ability on crises that occurred after the first stage of their project was finished: Colombia (September 1998), Brazil (January 1999), and Ecuador (February 1999). In all cases the models correctly anticipated the speculative attacks.Moreover, Mexico's models, estimated with information available two years before the 1994 crisis, show that these signaling devices would have been useful for signaling the macroeconomic vulnerability before December 1994.This paper - a product of the Economic Policy Sector Unit, Latin America and the Caribbean Region - is part of a larger effort in the region to build tools that policymakers can use to prevent crises. The authors may be contacted at [email protected] or [email protected].
Book Synopsis User's Guide to an Early Warning System for Macroeconomic Vulnerability in Latin American Countries by : Santiago Herrera
Download or read book User's Guide to an Early Warning System for Macroeconomic Vulnerability in Latin American Countries written by Santiago Herrera and published by World Bank Publications. This book was released on 1999 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Models for an early warning system do a good job predicting vulnerability to macroeconomic crises in several Latin American countries"--Cover.
Author :International Monetary Fund. Research Dept. Publisher :International Monetary Fund ISBN 13 :1589067959 Total Pages :216 pages Book Rating :4.5/5 (89 download)
Book Synopsis IMF Staff Papers, Volume 56, No. 2 by : International Monetary Fund. Research Dept.
Download or read book IMF Staff Papers, Volume 56, No. 2 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2009-06-03 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s growth performance since the start of economic reforms in 1978 has been impressive, but the gains have not been distributed equally across provinces. We use a nonparametric approach to analyze the variation in labor productivity growth across China’s provinces. This approach imposes less structure on the data than the standard growth accounting framework and allows for a breakdown of labor productivity into efficiency gains, technological progress, and capital deepening. We have the following results. First, we find that on average capital deepening accounts for about 75 percent of total labor productivity growth, while efficiency and technological improvements account for about 7 and 18 percent, respectively. Second, technical change is not neutral. Third, whereas improvement in efficiency contributes to convergence in labor productivity between provinces, technical change contributes to productivity disparity across provinces. Finally, we find that foreign direct investment has a positive and significant effect on efficiency growth and technical progress.
Book Synopsis Early Warning Systems by : Mr.Abdul Abiad
Download or read book Early Warning Systems written by Mr.Abdul Abiad and published by International Monetary Fund. This book was released on 2003-02-01 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: Previous early-warning systems (EWSs) for currency crises have relied on models that require a priori dating of crises. This paper proposes an alternative EWS, based on a Markov-switching model, which identifies and characterizes crisis periods endogenously; this also allows the model to utilize information contained in exchange rate dynamics. The model is estimated using data for the period 1972-99 for the Asian crisis countries, taking a country-by-country approach. The model outperforms standard EWSs, both in signaling crises and reducing false alarms. Two lessons emerge. First, accounting for the dynamics of exchange rates is important. Second, different indicators matter for different countries, suggesting that the assumption of parameter constancy underlying panel estimates of EWSs may contribute to poor performance.
Book Synopsis Early Warning Systems for Financial Crises by : Asian Development Bank
Download or read book Early Warning Systems for Financial Crises written by Asian Development Bank and published by Springer. This book was released on 2005-02-15 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1997 Asian financial crisis, East Asia has implemented a number of initiatives designed to strengthen monetary and financial cooperation, bolstering the region's resilience to economic and financial vulnerabilities. One such initiative is the ASEAN+3 Information Exchange and Policy Dialogue, which includes development of early warning systems (EWS) for financial crises. This book examines efforts to develop EWS models. Specifically, the book analyzes the current understanding of the causes of currency and banking crises, describes recent progress in developing and applying EWS models for currency and banking crises, reviews methodolgical issues, assesses the predictive power of EWS models and also highlights areas where further research is required to make these models more effective tools for policy analysis. The case studies apply both parametric and nonparametric approaches to EWS modleing using data from six East Asian countries.
Book Synopsis An Anatomy of the Financial Crisis by : Nashwa Saleh
Download or read book An Anatomy of the Financial Crisis written by Nashwa Saleh and published by Anthem Press. This book was released on 2010 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: How did the US financial crisis snowball into USD 15 trillion global losses? This book offers a clear synthesis and original analysis of the various factors that led to the financial crisis of 2007-2010, and is intended as a supplementary course text for undergraduate and postgraduate students in finance or finance-related courses.
Book Synopsis Tropical Bubbles by : Santiago Herrera
Download or read book Tropical Bubbles written by Santiago Herrera and published by World Bank Publications. This book was released on 2001 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors examine if observed asset prices in Latin America depart significantly from fundamentals-determined levels. These departures, or bubbles, are found to be equally determined by both country-specific and common external variables, contrary to previous studies that found that local factors were predominant in asset price determination in Latin America.
Book Synopsis Grenada Investment and Business Guide Volume 1 Strategic and Practical Information by : IBP USA
Download or read book Grenada Investment and Business Guide Volume 1 Strategic and Practical Information written by IBP USA and published by Lulu.com. This book was released on 2013-08 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Grenada Investment and Business Guide - Strategic and Practical Information
Book Synopsis Exogenous Shocks and Growth Crises in Low-Income Countries by : Ms.Era Dabla-Norris
Download or read book Exogenous Shocks and Growth Crises in Low-Income Countries written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2012-11-02 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a new index which provides early warning signals of a growth crisis in the event of large external shocks in low-income countries. Multivariate regression analysis and a univariate signaling approach are used to map information from a parsimonious set of underlying policy, structural, and institutional indicators into a composite vulnerability index. The results show that vulnerabilities to a growth crisis in low-income countries declined significantly from their peaks in the early 1990s, but have risen in recent years as fiscal policy buffers were expended in the wake of the global financial crisis.
Book Synopsis Opportunities for Improving Environmental Compliance in Mexico by : Susmita Dasgupta
Download or read book Opportunities for Improving Environmental Compliance in Mexico written by Susmita Dasgupta and published by World Bank Publications. This book was released on 1999 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: "One of the main reasons for noncompliant firms' poor environmental performance is the information gap on Mexico's environmental policy. Pollution control could be improved through systematically fuller communication targeted to noncompliant firms-- including more environmental education, especially of senior managers"--Cover.
Book Synopsis Beyond Capital Ideals by : Gerard Caprio
Download or read book Beyond Capital Ideals written by Gerard Caprio and published by World Bank Publications. This book was released on 1999 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Hard on the heels of Mexico's crisis in 1994, a wave of financial crises swept across emerging economies-- from East Asia and Russia to Brazil-- bringing the fragility of banking and finance into unprecedented focus. What has gone wrong?--Cover.
Book Synopsis Confronting Competition by : Ritva Reinikka
Download or read book Confronting Competition written by Ritva Reinikka and published by World Bank Publications. This book was released on 1999 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: "While macroeconomic reforms are necessary, firms' investment response is likely to remain limited without an accompanying improvement in public sector performance"--Cover.
Book Synopsis EADN Regional Project on Indicators and Analyses of Vulnerabilities to Economic Crises by :
Download or read book EADN Regional Project on Indicators and Analyses of Vulnerabilities to Economic Crises written by and published by . This book was released on 2003 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Computational Intelligence in Economics and Finance by : Paul P. Wang
Download or read book Computational Intelligence in Economics and Finance written by Paul P. Wang and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 489 pages. Available in PDF, EPUB and Kindle. Book excerpt: Due to the ability to handle specific characteristics of economics and finance forecasting problems like e.g. non-linear relationships, behavioral changes, or knowledge-based domain segmentation, we have recently witnessed a phenomenal growth of the application of computational intelligence methodologies in this field. In this volume, Chen and Wang collected not just works on traditional computational intelligence approaches like fuzzy logic, neural networks, and genetic algorithms, but also examples for more recent technologies like e.g. rough sets, support vector machines, wavelets, or ant algorithms. After an introductory chapter with a structural description of all the methodologies, the subsequent parts describe novel applications of these to typical economics and finance problems like business forecasting, currency crisis discrimination, foreign exchange markets, or stock markets behavior.
Download or read book IMF Staff Papers written by and published by . This book was released on 2009 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on Financial Services. Subcommittee on International Monetary Policy and Trade Publisher : ISBN 13 : Total Pages :192 pages Book Rating :4.:/5 (327 download)
Book Synopsis Promoting Small and Micro Enterprise in Haiti by : United States. Congress. House. Committee on Financial Services. Subcommittee on International Monetary Policy and Trade
Download or read book Promoting Small and Micro Enterprise in Haiti written by United States. Congress. House. Committee on Financial Services. Subcommittee on International Monetary Policy and Trade and published by . This book was released on 2010 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Designing Pro-poor Water and Sewer Concessions by : Kristin Komives
Download or read book Designing Pro-poor Water and Sewer Concessions written by Kristin Komives and published by World Bank Publications. This book was released on 1999 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Governments in many developing countries are looking to private concessionaires to improve water and sanitation services in low-income areas. To design pro-poor concession arrangements in the water sector, policy makers must pay careful attention to how the proposed contract and existing or proposed regulations will affect the obligations, ability, and financial incentives of the private concessionaires to serve low-income households"--T.p.
