Why Hong Kong Mitigated the Worst Impact of the 1997 Asian Financial Crisis?
Ruoxi Zhang (2019) Why Hong Kong Mitigated the Worst Impact of the 1997 Asian Financial Crisis?: pp. 123-140.
Chapter 5. Do Leading Economic Indicators Provide Evidence for an Impending Currency Crisis? Evidence from Hong Kong
The following sections are included:
  • 5.1. Introduction
  • 5.2. Literature Review
    • 5.2.1. Financial Crisis Identification
    • 5.2.2. Kaminsky-Lizondo-Reinhart Signal Approach
  • 5.3. Data
  • 5.4. Methodology
    • 5.4.1. Crisis Identification
    • 5.4.2. Indicator Assessment
  • 5.5. Empirical Results
    • 5.5.1. Crises Identification
    • 5.5.2. Indicator Performance
    • 5.5.3. Crises Forecast
  • 5.6. Conclusions
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