flows. Analysing contagion and, more important, being able to make an on-coming prediction successfully helps economic …The topic of contagion has gained importance in the last few decades, earning its place amongst the most debated topics … in international economics. Contagion is a phenomenon where market disturbances in crisis times are observed to spread …

significant global component in most markets, but also point out the importance of regional correlations. Based on the method two …

correlation analysis, this nonparametric measure is not predisposed toward the normal distribution and can allow for nonlinear … is particularly important. For example, our data show that stock-bond contagion is approximately as frequent as flight to …