Skip to main content

Table 3 Crisis Flagging: Assessment Periods 1-4

From: Indicators of economic crises: a data-driven clustering approach

 

Period 1

Period 2

Period 3

Period 4

Argentina

t

B; c

b

0

Australia

b*

b*

C

C

Austria

0

0

0

B

Belgium

0

0

0

B

Brazil

t

B; c

b

C

Canada

0

0

0

0

Colombia

c

C

T

0

Finland

B; c1

0

0

0

France

0

B*

0

B

Germany

0

0

0

B

Greece

B*; c

b*

0

B

India

0

B

b*

C

Indonesia

B*

b*

T

C

Italy

b*; C

b*

0

B

Japan

B

b

b

0

Mexico

B

T

b*

C

Norway

B; c1

0

0

C

Netherlands

0

0

0

B

Portugal

0

0

0

B

South Korea

0

0

T

0

Spain

C

0

0

B

Singapore

0

0

C

0

Sweden

B; c1

b

0

T

Thailand

0

0

T

0

Turkey

B*

C

0

C

United Kingdom

B*

B*

b*

B; c1

United States

b

0

0

B

  1. Note: B = banking-crisis at the end of the period; C = currency-crisis at the end of the period; T = banking- & currency-crisis at the end of the period; b = banking-crisis occurrence within four quarters prior to the reference date; c = currency-crisis occurrence within four quarters prior to the reference date; t = twin-crisis occurrence within four quarters prior to the reference date; b1 = banking-crisis occurrence within four quarters after the reference date; c1 = currency-crisis occurrence within four quarters after the reference date