A new data set called the South African Financial Diaries has been produced, based on a sample of 166 households, drawn from three different areas in South Africa - Langa, Lugangeni and Diepsloot. The selected households represent a range of dwelling types and wealth categories. A unique...

The Financial Diaries data-set is a unique, new set of year-long daily income, expense and financial transactions for households from three different areas of South Africa. These data show that over-indebted households (those that spend 20 per cent or more of their gross monthly income on debt)...

Nearly forty percent of humanity lives on an average of two dollars a day or less. If you've never had to survive on an income so small, it is hard to imagine. How would you put food on the table, afford a home, and educate your children? How would you handle emergencies and old age? Every day,...

This paper expands the current body of literature on the empirical evidence of stock market contagion by measuring the occurrence of contagion across 42 countries during nine financial events. The selected list of events includes those that have been commonly tested as well as those that are...

This study aims to fill a gap in the current literature by determining which channels of financial contagion are the most significant in transmitting crises between countries. Initial results, using χ2 contingency tables, indicate that there is a significant relationship between contagion and...