We analyse how reversals of several types of capital flows impact currency crises in emerging market and developing economies. Estimates of logit models show that reversals of (equity and debt) portfolio flows significantly increase the likelihood of currency crises in emerging market economies....

We study cluster-robust inference for binary response models. Inference based on the most commonly-used cluster-robust variance matrix estimator (CRVE) can be very unreliable. We study several alternatives. Conceptually the simplest of these, but also the most computationally demanding, involves...

This study employs six Machine Learning methods - Logit, Lasso-Logit, Ridge-Logit, Random Forest, Extreme Gradient Boosting, and an Ensemble - alongside registry data on abortions in Spain from 2011-2019 to predict multiple abortions and assess monetary savings through targeted interventions. We...