Abstract
Panel data framework has often been used to build early warning systems for financial crises. This paper questions the implicit assumption that crises are homogenously caused by identical factors. It suggests a preliminary step aiming at forming optimal country clusters.
Original language | English |
---|---|
Pages (from-to) | 80-83 |
Journal | Economics Letters |
Volume | 101 |
Issue number | 1 |
DOIs | |
Publication status | Published - 1 Jan 2008 |