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...

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Detaylı Bibliyografya
Yazar: Valdes, Rodrigo
Diğer Yazarlar: Hernandez, Leonardo
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2001.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2001/029
Online Erişim:Full text available on IMF