The source of financial contagion and spillovers: An evaluation of the covid-19 pandemic and the global financial crisis. [PDF]
PLoS One, 2022 This study investigates the reaction of stock markets to the Covid-19 pandemic and the Global Financial Crisis of 2008 (GFC) and compares their influence in terms of risk exposures.
Gunay S, Can G.
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Multi-feature evaluation of financial contagion. [PDF]
Cent Eur J Oper Res, 2022 Financial contagion refers to the spread of market turmoils, for example from one country or index to another country or another index. It is standardly assessed by modelling the evolution of the correlation matrix, for example of returns, usually after ...
Duda J, Gurgul H, Syrek R.
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Financial Institutions, Financial Contagion, and Financial Crises [PDF]
IMF Working Papers, 2000 Financial crises are endogenized through corporate and interbank market institutions. Single-bank financing leads to a pooling equilibrium in the interbank market. With private information about one’s own solvency, the best illiquid banks will not borrow but rather will liquidate some premature assets.
Haizhou Huang, Chenggang Xu
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The impact of financial contagion on real economy-An empirical research based on combination of complex network technology and spatial econometrics model. [PDF]
PLoS One, 2020 This study presents financial network indicators that can be applied to inspect the financial contagion on real economy, as well as the spatial spillover and industry aggregation effects.
Chen X, Hao A, Li Y.
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The Unholy Trinity of Financial Contagion [PDF]
Journal of Economic Perspectives, 2003 Over the last 20 years, some financial events, such as devaluations or defaults, have triggered an immediate adverse chain reaction in other countries -- which we call fast and furious contagion. Yet, on other occasions, similar events have failed to trigger any immediate international reaction.
Graciela Kaminsky +2 more
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financial market contagion [PDF]
, 2008 The power of the metaphor of contagion—that beliefs, actions, and strategies spread among economic agents like pathogens among biological organisms— causes it to recur in disparate areas of economics. This article focusses on four applications of contagion to economics: social influence or memoryless learning; Bayesian social learning; strategy choice ...
Morgan Kelly
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Pandemic-driven financial contagion and investor behavior: Evidence from the COVID-19. [PDF]
Int Rev Financ Anal, 2022 Yuan Y, Wang H, Jin X.
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Financial contagion during COVID-19 crisis. [PDF]
Financ Res Lett, 2021 Akhtaruzzaman M, Boubaker S, Sensoy A.
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Financial contagion intensity during the COVID-19 outbreak: A copula approach. [PDF]
Int Rev Financ Anal, 2022 Benkraiem R +3 more
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A Critical Survey on the Contagion Effects of Financial Crisis
East Asian Economic Review, 2000 This paper critically reviews theoretical and empirical studies on financial contagion. The East Asian crisis in 1997 as well as the Mexican crisis in 1994 saw the serious spillover of financial turbulences among different countries, and consequently ...
Chi-Young Song
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