Contagion: Why Crises Spread and How This Can Be Stopped

By Stijn Claessens, R. Dornbusch, Y. Park. 2001

171 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/9f0036aef270721c793bd6c1ffb46201beb15376

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Citations in the corpus

Volatility Spillovers and Contagion from Mature to Emerging Stock Markets (2008, unknown): “Masson (1998), Claessens, Dornbusch, and Park (2001) , Kaminsky and Reinhart (2000), and Kaminsky, Reinhart, and Vegh (2003) discuss real and financial transmission channels and review different approaches to the analysis of contagion.”
Emerging Markets Finance (2003, methodology): “For many more references, we refer to the survey articles of Claessens et al. (2001), Claessens and Forbes (2001), De Bandt and Hartmann (2000) and Krugman (2001).”
Capital Flow Waves: Surges, Stops, Flight, and Retrenchment (2012, unknown): “On capital flight, see Dooley (1988), Khan and UlHaque (1985), Lessard and Williamson (1987), Faucette, Rothenberg, and Warnock (2005), Cowan and De Gregorio (2007), Cowan et al. (2008), and Rothenberg and Warnock (2010). 3 For discussion of a series of papers on contagion, see Claessens and Forbes ”
The Asian flu and Russian virus: the international transmission of crises in firm-level data (2004, background): “27 The literature on these various theories is extensive and is well summarized in Claessens et al. (2001).”
The Initial Impact of the Crisis on Emerging Market Countries (2010, background): “The literature on contagion suggests a number of other mechanisms by which the crisis could have affected emerging markets (see Claessens, Dornbusch, and Park 2001).”
The “Big C”: identifying and mitigating contagion (2012, unknown): “More detailed reviews of the literature measuring contagion include: Claessens et al. (2001), Forbes and Rigobon (2001) and Dungey et al.”
Dynamic correlation analysis of financial contagion in Asian markets in global financial turmoil (2010, background): “He suggests four types of transmission channels of contagion, namely the correlated information channel (King and Wadhwani, 1990), liquidity channel (Claessens et al., 2001), cross-market hedging channel (Kodres and Pritsker, 1999) and the wealth effect channel (Kyle and Xiong, 2001).”
Trade, Finance, Specialization, and Synchronization (2003, background): “13See for instance Claessens, Dornbusch and Park (2001), Calvo and Reinhart (1996) or Cashin, Kumar and McDermott (1995). Admittedly, most of this evidence concerns pathological cases experienced by emerging economies, but there is no a priori reason to dismiss similar, if milder, arguments between ”
Dynamic correlation analysis of financial contagion: Evidence from Asian markets (2007, background): “, 1996), liquidity channel (Forbes, 2004; Claessens et al., 2001), the cross-market hedging channel (Kodres and Pritsker, 2002; Calvo and Mendoza, 2000), and the wealth effect channel (Kyle and Xiong, 2001).”
Asset Prices and Exchange Rates (2007, unknown): “Kaminsky and Reinhart (2000), Claessens, Dornbusch, and Park (2001) , Kaminsky, Reinhart, and V´egh (2003).”
Contagion and causality: an empirical investigation of four Asian crisis episodes (2003, unknown): “Pure contagion can also happen if investors change their assessment of the rules under which international finance takes place (Claessens et al., 2001).”
What Is International Financial Contagion (2003, unknown): “For other attempts, see Claessens et al. (2001) and Pritsker (2001).”