What Drives Contagion : Trade Neighborhood, or Financial Links? /

This paper presents evidence on the relative importance of alternative contagion channels during the Thai, Russian, and Brazilian crises. Results show that when crises are measured by changes in sovereign bond spreads, financial competition seems to explain almost all contagion episodes. However, wh...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Valdes, Rodrigo
مؤلفون آخرون: Hernandez, Leonardo
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2001.
سلاسل:IMF Working Papers; Working Paper ; No. 2001/029
الوصول للمادة أونلاين:Full text available on IMF