PREDICTION OF CURRENCY CRISES USING A FISCAL SUSTAINABILITY INDICATOR
The purpose of this paper is to investigate whether a fiscal sustainability indicator (FSI) can be used as a leading indicator to predict currency crises. Firstly, the sustainability of the fiscal policy in 17 developing countries is analysed using a FSI developed by Croce and Juan-Ramón (2003). The...
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| Langue: | English |
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ILADES. Universidad Alberto Hurtado.
2011
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| Accès en ligne: | http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-88702011000200002 |
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