The aim of this paper is to study the contagion effects of the subprime financial crisis on the real economy of … developed countries. The contagion of this crisis will be measured by increased linkages between markets after a shock has taken … place (the stock market shocks, the interbank spread). The VAR model is utilized to examine the relationship between the U …

contagion effect on the surviving financial institutions. The empirical analysis indicates that (i) the collateral damages were …

a Panel VAR on annual data for European countries from 1986-2010. Our results provide evidence for a significant two …

existence of pure contagion (Masson, 1999) rather than shift-contagion (Rigobon, 2003). Then, we explicitly define financial … “contagion” in accordance with Eichengreen et al. (1996) and we extend the Cerra and Saxena (2002) methodology by using a Markov … subprime crisis. In addition, there is evidence of mean and volatility contagion in MENA stock markets caused by the US stock …

Dans ce papier, nous testons la présence de la contagion durant la crise financière asiatique. A cet effet, nous … le phénomène de la contagion. …

This paper proposes a conceptual framework to identify the potential sources of contagion in emerging bond markets and … period, and that, at present, the risk of contagion may come mainly from events taking place into mature markets. Finally, we … enhance government discipline and limit contagion effects in a wake of a global shock or a shock affecting another emerging …

L'objet de cet article, appliqué au cas de la crise de change coréenne de 1997-1998, est d'identifier la contagion à … entre les états de l'économie de manière à pouvoir à la fois identifier et expliquer un effet de contagion. L'un des … et d'une contagion issue d'une rupture auto-réalisatrice dans les « croyances du marché », elle-même liée à la crise en …

disentangling the respective roles of common external factors and "pure" contagion in the recent events of market spillovers. The …