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- W2028166112 abstract "This paper presents evidence on the relative importance of alternative contagion channels during the Thai, Russian, and Brazilian crises. Results show that when crises are measured by changes in sovereign bond spreads, financial competition seems to explain almost all contagion episodes. However, when crises are measured by stock market returns, trade links and neighborhood effects appear to be relevant contagion channels during the Thai and Brazilian crises, while financial competition remains the only relevant channel in the case of the Russian crisis." @default.
- W2028166112 created "2016-06-24" @default.
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- W2028166112 date "2001-01-01" @default.
- W2028166112 modified "2023-10-18" @default.
- W2028166112 title "What Drives Contagion: Trade Neighborhood, or Financial Links?" @default.
- W2028166112 doi "https://doi.org/10.2139/ssrn.1445765" @default.
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