An Evaluation of Leading Indicators of Currency Crises
學年 99
學期 1
出版(發表)日期 2010-11-01
作品名稱 An Evaluation of Leading Indicators of Currency Crises
著者 Su, Chi-wei; Chang, Hsu-ling; Zhu, Meng-nan; Zang, Qiao
單位 淡江大學國際貿易學系暨國際企業研究所
出版者 Lagos: Academic Journals
著錄名稱、卷期、頁數 African Journal of Business Management 4(15), pp.3321-3331
摘要 This study tries to construct leading indicators for currency crisis using probit model, logit model and binary quantile regression. The empirical results show that the Inflation rate, Stock price index, Import growth rate, export/GDP, direct investment abroad, GDP growth rate, terms of trade changes, financial derivatives and domestic credit/GDP have significant effects on the occurrence of currency crisis. The Logit model is better than the probit model and binary regression quantiles which is certain, and the Financial derivatives and Direct investment abroad are useful for leading indicators of currency crises.
關鍵字 Currency crises;binary quantile regression;probit model;logit model
語言 en
ISSN 1993-8233
期刊性質 國外
收錄於 SSCI
通訊作者 Su, Chi-wei
國別 NGA
出版型式 紙本

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