This book reviews the state-of-the-art of the literature on international financial contagion. The individual contributions bridge the gap between econometric theory and evidence, while the comprehensive range of financial market and country regions under consideration highlights the future challenges facing econometricians, international policymakers and financial practitioners.
Readership: Primary: academic economists, graduate students, policymakers in international financial institutions, national governments, central banks and regulatory bodies desiring to keep up with the latest academic developments, financial practitioners and risk managers wishing to review the empirical studies, as well as general readers associating financial contagion with global financial instability and the debate on globalization. Secondary: PhD students, financial econometrics; MA students, international financial markets, international economics and public policy; advanced undergraduate modules in international finance and econometrics.
Mardi Dungey, Deputy Director, Center for Applied Macroeconomic Analysis, The Australian National University, and Demosthenes N. Tambakis, Senior Research Fellow, Cambridge Endowment for Research in Finance, Cambridge University
