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regulatory norms, finding that governance in Australia, the European Union, and the United Kingdom aligns with the theoretical … model, and that their governance is effective. Payment system governance in Japan, Canada, and the United States does not …
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The existing literature suggests a number of alternative methods to test for the presence of contagion during financial market crises. This paper reviews those methods and shows how they are related in a unified framework. A number of extensions are also suggested that allow for multivariate...
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