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The recent experience of the European Economic and Monetary Union (EMU) has stimulated the debate...

Many estimates of early-warning-system (EWS) models of currency crisis have reported incorrect...

We construct a financial vulnerability indicator that is consistent with the theoretical...

In contrast to the early-warning system literature, we find that currency and debt crises are not...

Previous early-warning systems (EWSs) for currency crises have relied on models that require a...

This paper attempts to predict the incidence of arrears to the International Monetary Fund (IMF)...