DOES INTERNATIONAL FINANCIAL CONTAGION REALLY EXIST

By G. Karolyi. 2003

216 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/b4c16961f52c6d518158ef02b2b5dae214674de1

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Citations in the corpus

Global Crises and Equity Market Contagion (2012, unknown): “Countless papers have been written proposing quantitative measures of contagion (see Karolyi (2003), Dungey et al. (2004) for surveys) or developing theories to explain it (e.g. Allen and Gale, 2000).”
The Political Economy of Global Finance: A Network Model (2013, background): “43 See, e.g., Baele and Inghelbrecht 2010; Bartram, Brown, and Hund 2007; Karolyi 2003; Kho, Lee, and Stulz 2000.”
Estimating Systemic Risk in the International Financial System (2005, unknown): “In contrast, the analysis in this paper pertains directly to the phenomenon of systemic risk among banks and attempts to provide an empirical assessment of the 4 Karolyi (2003) gives an excellent analysis and critique of different approaches to define and measure contagion.”
The “Big C”: identifying and mitigating contagion (2012, background): “ 21 For overviews of various channels of contagion and different ways to categorize them, see Claessens et al. (2001), Karolyi (2003), Forbes (2004), Allen et al. (2009), and Didier et al. (2010).”
Does sovereign debt ratings news spill over to international stock markets (2007, background): “At the same time, either rational behavior due to liquidity constraints or irrational herding of investors and financial and real sector linkages across countries can act as transmission vehicles for country shocks (Dornbusch et al., 2000; Karolyi, 2003).”
Capital Flows, Push versus Pull Factors and the Global Financial Crisis (2012, unknown): “There is a large literature on the global transmission of past financial crises, with a strong interest in the role of different channels (e.g. Forbes and Rigobon 2002, Bekaert, Harvey and Ng 2005; Bae et al. 2003, Karolyi 2003, Dungey et al. 2005, Bekaert, Ehrmann, Fratzscher and Mehl 2010).”
The International Transmission of Bank Liquidity Shocks: Evidence from an Emerging Market (2012, background): “The 2See Claessens and Forbes (2001) and Karolyi (2003) for surveys of international nancial contagion.”
Volatility Spillovers and Contagion from Mature to Emerging Stock Markets (2008, unknown): “…financial markets have understandably focused on the transmission of shocks originating in these markets, rather than shocks emanating from mature markets.4 Studies of linkages between mature and emerging financial 1 Karolyi (2003) and Pericoli and Sbracia (2003) provide comprehensive surveys.”