currency crisis even in another unrelated country without capital linkage. Although the presence of contagion itself is not new …, it does not necessarily mean that it will never suffer contagion from some other country with better economic …

currency crisis. The model proposes a new contagion channel and shows how a currency crisis can spread from one country to … distinguish between whether a crisis is a coincidence or due to contagion when it happens in two countries. It finds that the … better the economic fundamentals in the originating crisis country, the more severe the contagion under certain conditions …

This paper proposes a model encompassing alternative views of contagion by highlighting the different channels of … channel of contagion. The possible stabilization effects of capital controls and Tobin tax on the international transmission …

processes are independent, providing a theoretical argument in favor of financial markets contagion. The foreign exchange market …

The existing literature promotes a number of alternative methods to test for the presence of contagion during financial …