increased during and after the crisis. However, we found weak support for contagion in the pre-crisis period. …

This study examines stock market contagion from the United States to the markets of the GCC countries during the period … that the collapse of the GCC stock markets did not result purely from contagion, in the sense that these markets did not …

have sparked and induced contagion. This study further extends the existing research by identifying and testing three … financial market variables to trace the alleged origin and the subsequent path of the contagion during the 1997 Asian Crisis … strong support for contagion. We further extend the analysis by looking at the impulse responses. The results still do not …

contagion risk in the accumulation process, and the outlook of regional arrangements of cooperation, such as regional reserve …

adjustment" aid; centrality in trade flows; and regional "contagion." In contrast to prior work in financial economics, we find …

allowed to depend on macroeconomic conditions as well as on unobservable credit risk factors, which can capture contagion …

the real-time estimates of the model to characterize contagion among the ten series. Our procedure allows the country that … triggers contagion in each period, which can be any peripheral economy, to be disentangled. According to our findings, since … the onset of the sovereign debt crisis, contagion has played a non-negligible role in the European peripheral countries …