Eichengreen, Barry; Rose, Andrew K; Wyplosz, Charles - C.E.P.R. Discussion Papers - 1996
by international trade linkages than to countries in similar macroeconomic circumstances. … is, currency crises appear to pass ‘contagiously’ from one country to another. The paper provides a survey of the … industrialized countries, we find evidence of contagion. Contagion appears to spread more easily to countries that are closely tied …