Contagion And Volatility Withimperfect Credit Markets
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This paper interprets contagion effects as a perceived increase (triggered by events occurring elsewhere) in the volatility of aggregate shocks impinging on the
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Pages: 203
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Type: BOOK - Published: 1998-01-01 - Publisher: International Monetary Fund
This paper analyzes contagion and volatility with imperfect credit markets. The paper interprets contagion effects as an increase in the volatility of shocks im