• Corpus ID: 13215609

No 978 , June 2010 Visual Predictions of Currency Crises : A Comparison of Self-Organizing Maps with Probit Models

  title={No 978 , June 2010 Visual Predictions of Currency Crises : A Comparison of Self-Organizing Maps with Probit Models},
  author={Peter Sarlin},
Throughout the 1990s, four global waves of financial turmoil occurred. The beginning of the 21st century has also suffered from several crisis episodes, including the severe subprime crisis. However, to date, the forecasting results are still disappointing. This paper examines whether new insights can be gained from the application of the SelfOrganizing Map (SOM) – a non-parametric neural network-based visualization tool. In this paper, we present a SOM model for prediction of currency crises… 


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