Contagion : monsoonal effects, spillovers, and jumps between multiple equilibria /

Contagion : monsoonal effects, spillovers, and jumps between multiple equilibria /

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Bibliographic Details
Author / Creator:	Masson, Paul R.
Imprint:	[Washington, D.C.] : International Monetary Fund, Research Department, ©1998.
Description:	1 online resource (32 pages) : illustrations
Language:	English
Series:	IMF working paper, 2227-8885 ; WP/98/142 IMF working paper ; WP/98/142.
Subject:	Contagion (Social psychology) Balance of payments -- Econometric models. Equilibrium (Economics) -- Econometric models. Devaluation of currency -- Econometric models. Foreign exchange -- Econometric models. Financial crises -- Econometric models. Balance of payments -- Econometric models. Contagion (Social psychology) Devaluation of currency -- Econometric models. Equilibrium (Economics) -- Econometric models. Financial crises -- Econometric models. Foreign exchange -- Econometric models.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12497366

Hidden Bibliographic Details
Other authors / contributors:	International Monetary Fund. Research Department.
ISBN:	9781451901412 1451901410 1282110438 9781282110434 1462337783 9781462337781 1452796629 9781452796628 9786613803320 6613803324 9781451856224 1451856229
Notes:	Includes bibliographical references (pages 30-32). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 English. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
Summary:	Annotation Several concepts of contagion are distinguished. It is argued that only models that admit of multiple equilibria are capable of producing true contagion. a simple balance of payments model is presented to illustrate that phenomenon, and some back-of-the-envelope calculations assess its relevance to the coincidence of emerging market crises in 199495 and in 1997.
Other form:	Print version: Masson, Paul R. Contagion. [Washington, D.C.] : International Monetary Fund, Research Department, ©1998
Standard no.:	10.5089/9781451901412.001

Description
Summary:	Several concepts of contagion are distinguished. It is argued that only models that admit of multiple equilibria are capable of producing true contagion. A simple balance of payments model is presented to illustrate that phenomenon, and some back-of-the-envelope calculations assess its relevance to the coincidence of emerging market crises in 1994-95 and in 1997.
Physical Description:	1 online resource (32 pages) : illustrations
Format:	Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Bibliography:	Includes bibliographical references (pages 30-32).
ISBN:	9781451901412 1451901410 1282110438 9781282110434 1462337783 9781462337781 1452796629 9781452796628 9786613803320 6613803324 9781451856224 1451856229
ISSN:	2227-8885 ;