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. …