payments shocks, and contagion. Our findings suggest that the observed comovement of the two markets can be primarily … partners. We also find evidence of contagion effects between the Drachma and Lira markets, but not between the stock markets …

This paper analyses cross-border contagion in a sample of European banks from January 1994 to January 2003. We use a … bank. We find evidence in favour of significant cross-border contagion. We also find some evidence that since the … introduction of the euro cross-border contagion may have increased. The results seem to be very robust to changes in the …

This paper analyses cross-border contagion in a sample of European banks from January 1994 to January 2003. We use a …. We find evidence in favour of significant cross-border contagion. We also find some evidence that since the introduction … of the euro cross-border contagion may have increased. The results seem to be very robust to changes in the specification. …

transmission mechanism-contagion-during turbulences in mature markets. Tri-variate GARCH-BEKK models of returns in global (mature …