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Hardcover Contagion Phenomena with Applications in Finance Book
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ISBN: 1785480359

ISBN13: 9781785480355

Contagion Phenomena with Applications in Finance

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Much research into financial contagion and systematic risks has been motivated by the finding that cross-market correlations (resp. coexceedances) between asset returns increase significantly during crisis periods. Is this increase due to an exogenous shock common to all markets (interdependence) or due to certain types of transmission of shocks between markets (contagion)? Darolles and Gourieroux explain that an attempt to convey contagion and...

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Format: Hardcover

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Business Business & Investing Math Mathematics Psychology Science & Math

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