This dissertation describes different conceptions of economic crises and different conceptions of contagion effects …. There is a survey of theoretical and empirical studies concerning contagion effects on financial markets. A theoretical … model describes a single contagion mechanism caused by information updating by investors. There is further an investigation …

interdependencies (spillovers) and proposes a classification. An adequate estimation framework to investigate spillovers conditional on … interdependencies can occur. Finally, the existence of contagion in financial markets is examined. … interdependencies (spillovers) and proposes a classification. An adequate estimation framework to investigate spillovers conditional on …