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Banking, debt and currency crises: early warning indicators for developed countries

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Listed:
  • Šmídková, Kateřina
  • Babecký, Jan
  • Havránek, Tomáš
  • Matĕjů, Jakub
  • Rusnák, Marek
  • Vašíček, Bořek

Abstract

We construct and explore a new quarterly dataset covering crisis episodes in 40 developed countries over 1970 JEL Classification: C33, E44, E58, F47, G01

Suggested Citation

  • Šmídková, Kateřina & Babecký, Jan & Havránek, Tomáš & Matĕjů, Jakub & Rusnák, Marek & Vašíček, Bořek, 2012. "Banking, debt and currency crises: early warning indicators for developed countries," Working Paper Series 1485, European Central Bank.
    • Handle: RePEc:ecb:ecbwps:20121485
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    More about this item

    Keywords

    Bayesian model averaging; early warning indicators; Macro-Prudential Policies;
    All these keywords.

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • F47 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Forecasting and Simulation: Models and Applications
    • G01 - Financial Economics - - General - - - Financial Crises

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