Notes on contagion

Carmen Reinhart, Graciela Kaminsky () and Morris Goldstein

MPRA Paper from University Library of Munich, Germany

Abstract: This note reviews the theories as to why financial crises spill over across national boundaries. We discuss alternative frameworks ranging from bilateral trade links to more complex financial interconnections via banks and other investors. We review the evidence on which channels of contagion mattered most in the numerous financial crises episodes of the 1990s.

Keywords: International financial contagion; trade; banks; stock markets (search for similar items in EconPapers)
JEL-codes: F30 F31 F32 F36 F4 (search for similar items in EconPapers)
Date: 2000
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Citations: View citations in EconPapers (1)

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https://mpra.ub.uni-muenchen.de/24569/1/MPRA_paper_24569.pdf original version (application/pdf)

Related works:
Book: Assessing Financial Vulnerability: An Early Warning System for Emerging Markets (2000)
Working Paper: The Wake of Crises and Devaluations (2000)
Working Paper: Methodology for an Early Warning System: The Signals Approach (2000)
Working Paper: Early Warning System: Empirical Results from The Signals Approach (2000)
Working Paper: Rating the Rating Agencies (2000)
Working Paper: Early Warning System: An Assessment of Vulnerability (2000)
Working Paper: Some Policy Issues Regarding an Early Warning System (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:24569

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