welfare. -- bailout ; contagion ; financial crisis ; international institutional arrangements … intervention have stronger effects beyond borders. We provide a model of international contagion allowing for bank bailouts. While …

intervention have stronger effects beyond borders. We provide a model of international contagion allowing for bank bailouts. While …

intervention have stronger effects beyond borders. We provide a model of international contagion allowing for bank bailouts. While …

this crisis. During the Irish financial crisis from 2007 to 2010, strong contagion effects are uncovered between Irish … equity markets and the investigated European equity markets. The contagion effects are found to ease dramatically in the … intervention as a mechanism to mitigate and absorb contagion associated with state-specific financial crises and if possible …

have been subject to contagion. We proceed in three steps. First, we apply dynamic conditional correlations from a … simple interdependence from contagion. Third, we analyze the determinants behind credit risk co-movements and the role of … contagion using regression analysis. Our results reveal a high degree of co-movements in sovereign credit risk, especially for …

This paper examines the contagion of the eurozone debt crisis to developed and emerging stock markets around the world … eurozone debt crisis, this paper finds strong and pervasive evidence of negative contagion from the crisis countries to other … contagion. The impact of equity returns of crisis countries on other equity markets is large and positive during normal times …

financial system to minimize potential contagion losses. Building on ideas from combinatorial optimization tailored to … controlling contagion in case of complete information about an interbank network, we augment the model with three plausible types … contagion losses and the policy authority's ability to control them depend on the assumed fire sale mechanism and the fiscal …