The Uncertainty Channel of Contagion /

The 2007 subprime crisis in the U.S. triggered a succession of financial crises around the globe, reigniting interest in the contagion phenomenon. Not all crises, however, are contagious. This paper models a new channel of contagion where the degree of anticipation of crises, through its impact on i...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Kannan, Prakash
Weitere Verfasser: Kohler-Geib, Fritzi
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2009.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2009/219
Online Zugang:Full text available on IMF