文章基本信息

标题：Early Warning Indicators for Latin America
本地全文：下载
作者：Jaime Tenjo ; Martha López
期刊名称：Ensayos sobre Política Económica
印刷版ISSN：0120-4483
出版年度：2010
卷号：28
期号：63
出版社：Banco de la Republica, Bogotà
摘要：We explore the performance of a set of early warning indicators for a group of Latin American economies under the endogenous cycle perspective. For this group of countries, the paper confirms the results of previous work on industrialized countries, which indicate that a combination of asset prices and credit provides valuable information of probable future financial crises. However, we go a step further in the analysis of emerging economies and find that a combination of capital flows from abroad and credit is an even superior leading indicator of such events
关键词：Financial (In) Stability;early warning indicators;financial accelerator