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

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 … combination of globalization and flight to quality, while emphasizing that contagion on the equity markets appears as an artifact …

stress, very few discussed the contagion or spillover effects in terms of capital flow volatility. This paper is one of the … 1980–2009, the empirical results suggest strong and significant contagion effects in the volatility of capital flows to … individual economies. The magnitudes of contagion vary depending on the type of capital flows, whether it is foreign direct …

We present a new method to examine financial contagion, defined as a sudden strengthening of shock transmission between …

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 …