Applying the early warning logit model for predicting currency crisis in Viet Nam
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Abstract
Vietnam has been among South-East Asian economies successfully warding off previous currency crises. For monitoring and maintaining stable macrofinance development, this paper based on international and national research results is to apply the Logit model of predicting currency crises in Vietnam. It has selected the best currency crisis predictors for Vietnam in the period from January 2008 to December 2016. Finally, the paper gives a number of implications for policies as well as strengthening curency crisis predictions in Vietnam of further research.
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Keywords
Early warning system, currency crisis, indicator variables, logit model
References
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