The Uncertainty Channel of Contagion

The 2007 subprime crisis in the United States has triggered a succession of financial crises around the globe, reigniting interest in the contagion phenomenon. Not all crises, however, are contagious. This paper models a new channel of contagion where the degree of anticipation of crises, through it...

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Bibliographic Details
Main Author: Kannan, Prakash
Other Authors: Köhler-Geib, Fritzi
Format: Electronic Book
Language:English
Published: Washington, D.C. : The World Bank, 2009
Series:Policy research working papers
World Bank e-Library
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Stanford University

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Call Number: INTERNET RESOURCE