Essaadi, Essahbi; Jouini, Jamel; Khallouli, Wajih - In: Panoeconomicus 56 (2009) 2, pp. 241-260
In this paper we are testing for contagion caused by the Thai baht collapse of July 1997. In line with earlier work, shift-contagion is defined as a structural change within the international propagation mechanisms of financial shocks. We adopt Bai and Perrons (1998) structural break approach in...
