Kadlcakova, Narcisa; Komarek, Lubos; Komarkova, Zlatuse; … - Česká Národní Banka - 2013
This paper examines the potential for concurrence of crises in the foreign exchange, stock, and government bond markets …. Concurrence is understood as the joint occurrence of extreme asset changes in different countries and is assessed with a measure … potential for concurrence of misalignments from equilibrium among financial markets. To this end, representative assets are …