Developing a stable early warning system (EWS) model that is capable to give an accurate prediction is a challenging task. This paper introduces k-nearest neighbour (k-NN) method which never been applied in predicting currency crisis before with the aim of increasing the prediction accuracy. The proposed k-NN performance depends on the choice of a distance that is used where in our analysis; we...

E C O N O M I C R E V I E W Third Quarter 2006 Since Ecuadorian president Jamil Mahuad announced the adoption of the U.S. dollar as legal tender in January 2000, the discussion about the pros and cons of full dollarization has intensified. In 2001 El Salvador engaged in full dollarization to enhance its economic reform process. The two economies adopted the U.S. dollar as their currency for dia...

The most recent generation of currency and nancial crisis literature blames the borrowing decisions of real and nancial sector actors; in particular, it argues that the de facto dollarization of liabilities is inherently risky and can trigger a host of economic ills that impede economic development. This paper presents and tests an institutional theory of de facto nancial dollarization. It argu...

â â â â â  â â â  abstract â  beijing’s industrial structure is service-oriented with a high degree of economic openness, and gdp has maintained rapid growth. this paper analyzes the international financial crisis and the impact of china’s anti-crisis policies on beijing’s economic development as well as its transmission mechanism. impact index (excluding seasonal factors) and arma model ...

M etabolic syndrome has been shown to be associated with cardiovascular morbidity and mortality (1,2). In the U.S., 23.7% of the population was classified as having metabolic syndrome by the National Cholesterol Education Program (NCEP) Adult Treatment Panel III definition when the Third National Health and Nutrition Examination Survey (NHANES III) data were used (3). According to the recent st...