De Gregorio, Jose; Valdes, Rodrigo O. - In: The World Bank Economic Review 15 (2001) 2, pp. 289-313
This article analyzes how external crises spread across countries. The authors analyze the behavior of four alternative crisis indicators in a sample of 20 countries during three well-known crises: the 1982 debt crisis, the 1994 Mexican crisis, and the 1997 Asian crisis. The objective is...