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...

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Príomhchruthaitheoir: Masson, Paul
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1998.
Sraith:IMF Working Papers; Working Paper ; No. 1998/142
Rochtain ar líne:Full text available on IMF