early warning systems

Publication date: 1 Feb 2017 | Publication type: National Institute Economic Review | External authors: Tomáš, D, Filip, O, Ivana, S, Mária, S | JEL classification: C25, C52, H12 | Journal: National Institute Economic Review Issue 239 | Publisher: Sage Publications, London
The EU established an early warning system by introducing the Macroeconomic Imbalance Procedure (MIP) in the wake of the recent recession. Nevertheless, it has been found by some authors to be rather vague when launching the Excessive Imbalances Procedure. Performed analysis reflects on such views...
Publication date: 31 Mar 2009 | Publication type: NIESR Discussion Paper | Authors: Barrell, R, Davis, P, Liadze, I | External authors: Dilruba Karim | JEL classification: C52, E58, G21 | NIESR discussion paper number: 330
Early warning systems (EWS) for banking crises generally omit bank capital, bank liquidity and property prices. Most work on EWS has been for global samples dominated by emerging market crises where time series data on bank capital adequacy and property prices are typically absent. We estimate...