Contagion of Financial Crises

ISBN-13: 9783659546334 / Angielski / Miękka / 2018 / 56 str.

Hulya Unlu

Opis

This book provides an extensive range of definitions, causes and measurements of contagion in the literature. First, it reviews the causes of contagion, the available transmission channels and the current empirical methodology in the literature. Moreover, I provide an analysis of the existence of contagion via a probit model as in Eichengreen et al (1997). Eichengreen et al (1997) have basically two findings: (1) that "currency crises appear to pass "contagiously" from one country to another", (2) and that commercially related countries have more tendencies to be caught up with contagion than others which share almost the same macroeconomic situation.

O autorze

Ünlü, Hülya
Hülya Ünlü is graduated from the Gazi University in Turkey with a degree in Econometrics in 2008, and after graduation she completed her MSc in Financial Economics and Econometrics at the University of Essex in England. She has been working as a Research assitant in Econometrics in the Department of Economics at the Cankiri Karatekin University.