Over the past two decades, financial market crises with similar features have occurred in different regions of the world. Unstable cross-market linkages during a crisis are referred to as financial contagion. We simulate crisis transmission in the context of a model of market participants...

Over the past two decades, financial market crises with similar features have occurred in different regions of the world. Unstable cross-market linkages during a crisis are referred to asfinancial contagion. We simulate crisis transmission in the context of a model of market participants...

In some applications of quality control charts it is very important to quickly detect small or moderate shifts in the characteristic that is being monitored when process control starts. In such cases, CUSUM charts with fast initial response (FIR) perform very well. However, optimal performance...