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The Argentinian Peso Crisis (2014)

The Argentinian Peso Crisis (2014) The flow work is focused around discovering the aspects that fixed Argentina's during the recent (2014) crisis nation's destiny. Variables focused around prior analysis utilizing the logistic regression model conveyed for a twelve years period (2002-2013 to clarify the occurrence and checking whether conceivable elements could be foreseeable. The results demonstrate that foreign exchange reserves reduction, monetary aggregates (M3) raise, crises in trading partners, oil price and consumer price index level seem to boost early 2014 turbulence and they also predicted accurately the forthcoming crisis. Also the development of the phenomenon was rapid giving positive signs later than the previous works suggested. The capital flight named as the major factor that led to depreciation is statistically unimportant. Keywords: crisis model generations, contagion, foreign exchange reserves, monetary policy JEL classification: E02, E47, F37, G01. 1. INTRODUCTION Past exact references and practice demonstrate that no one might make certain on making a figure could be faultless and valuable on mulling over and expecting financial variables. Particularly when these forecasts are based on previous economic time series data sets. The Early Warning Models (EWS), created prior didn't give any positive signs, or even most exceedingly awful they have given false indicators anticipating http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Annals of the Alexandru Ioan Cuza University - Economics de Gruyter

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References (40)

Publisher
de Gruyter
Copyright
Sciendo is a De Gruyter company © 2018. ALL RIGHTS RESERVED Powered by PubFactory
ISSN
2068-8717
DOI
10.2478/aicue-2014-0011
Publisher site
See Article on Publisher Site

Abstract

The flow work is focused around discovering the aspects that fixed Argentina's during the recent (2014) crisis nation's destiny. Variables focused around prior analysis utilizing the logistic regression model conveyed for a twelve years period (2002-2013 to clarify the occurrence and checking whether conceivable elements could be foreseeable. The results demonstrate that foreign exchange reserves reduction, monetary aggregates (M3) raise, crises in trading partners, oil price and consumer price index level seem to boost early 2014 turbulence and they also predicted accurately the forthcoming crisis. Also the development of the phenomenon was rapid giving positive signs later than the previous works suggested. The capital flight named as the major factor that led to depreciation is statistically unimportant. Keywords: crisis model generations, contagion, foreign exchange reserves, monetary policy JEL classification: E02, E47, F37, G01. 1. INTRODUCTION Past exact references and practice demonstrate that no one might make certain on making a figure could be faultless and valuable on mulling over and expecting financial variables. Particularly when these forecasts are based on previous economic time series data sets. The Early Warning Models (EWS), created prior didn't give any positive signs, or even most exceedingly awful they have given false indicators anticipating

Journal

Annals of the Alexandru Ioan Cuza University - Economicsde Gruyter

Published: Dec 1, 2014

Keywords: Business and Economics; Political Economics; Political Economics, other

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