Castellacci, Giuseppe; Choi, Youngna - In: Journal of Banking & Finance 50 (2015) C, pp. 400-410
We recently (Castellacci and Choi, 2013) formulated a theoretical framework for the modeling of financial instability contagion using the theories of dynamical systems. Here, our main goal is to model the Eurozone financial crisis within that framework. The underlying system comprises many...