This book reviews the state-of-the-art of the literature on international financial contagion. The individual contributions bridge the gap between econometric theory and evidence, while the comprehensive range of financial market and country regions under consideration highlights the future...

Financial crises often transmit across geographical borders and different asset classes. Modelling these interactions is empirically challenging, and many of the proposed methods give different results when applied to the same data sets. In this book the authors set out their work on a general...