Contagion : Monsoonal Effects, Spillovers, and Jumps Between Multiple Equilibria /

Several concepts of contagion are distinguished. It is argued that only models that admit of multiple equilibria are capable of producing true contagion. A simple balance of payments model is presented to illustrate that phenomenon, and some back-of-the-envelope calculations assess its relevance to...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Masson, Paul
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1998.
سلاسل:IMF Working Papers; Working Paper ; No. 1998/142
الوصول للمادة أونلاين:Full text available on IMF