Forecasting financial crises with the help of economic indicators in the CIS countries |
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Authors: | E. A. Fedorova I. Ya. Lukasevich |
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Affiliation: | 1.All-Russian State Distance-Learning Institute of Finance and Economics (ARDLIFE),Moscow,Russia |
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Abstract: | Based on probit modeling, outstripping economic indicators for forecasting financial crises in the CIS countries are identified. The obtained results can be used by public authorities to monitor the financial instability of the economy and timely respond. |
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