special issue of the Czech Journal of Economics and Finance cover selected aspects of the crisis, including the contagion from … advanced economies to emerging markets, the potential for contagion among European emerging markets, the differentiated impact …

brought about by financial interlinkages. This article focuses on such interlinkages within Europe and potential contagion … growth before the turmoil; analyzes potential channels of contagion through financial linkages; and assesses the magnitude of … article provides indices of exposure to regional contagion that could help identify the likely pressure points and capture …

wealth transfers to or from the Periphery countries. These implicit transfers are responsible for creating contagion among …

contagion, flight to liquidity and issuance rationing can occur in equilibrium during what we call global anxious times. …

In this article, tests for globalization and contagion are separated using an ex ante definition of crises, and … contagion tests are neutralized with respect to globalization effects. A large database is constructed to study the stability of … globalization and flight to quality, while emphasizing that contagion on the equity markets appears as an artifact due to …

This paper analyzes the sovereign risk contagion using CDS spreads for the major euro area countries. Using several …

financial contagion across countries and sectors and finds that the crisis led to an increased co-movement of returns among …