Comparing Parametric and Non-Parametric Early Warning Systems for Currency Crises in Emerging Market Economies

2013 ◽  
Author(s):  
Fabio Comelli



2016 ◽  
Vol 19 (3) ◽  
pp. 71-85
Author(s):  
Phuong Thi My Nguyen

The purpose of this paper is to compare performances of the parametric and nonparametric early warning systems for currency crises in Vietnam from January 2002 to December 2014. The study results showed that the method parameter effectively than the method parameter in early warning currency crises in Vietnam. Besides, the author also gives a number of recommendations to strengthen the early warning system for currency crisis in Vietnam in the future.





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