Joy, Mark; Rusnák, Marek; Šmídková, Kateřina; … - 2015
onset of banking and currency crises in 36 advanced economies over 1970–2010. We use the Classification and Regression Tree … inflation. For currency crises, high domestic short-term rates coupled with overvalued exchange rates are the most powerful … banking crisis predictors. Currency crises, however, seem to be driven more by country idiosyncratic, short-term developments …