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Contagio Financiero: Una Breve Revisión De Literatura
[Financial Contagio: A Review Literature]

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  • Sandoval Paucar, Giovanny

Abstract

This article aims to present a literature review on financial contagion, both from a theoretical and empirical perspective, with special attention to the cases of emerging markets. It is found that the definition of financial contagion is a concept under construction and there is no concession regarding it. In turn, the theoretical literature seeks to explain this phenomenon through real, financial transmission channels and behaviors of investors and economic policymakers. In contrast, the empirical literature has evolved through two generations, which have advanced in the measurement of this phenomenon

Suggested Citation

  • Sandoval Paucar, Giovanny, 2018. "Contagio Financiero: Una Breve Revisión De Literatura [Financial Contagio: A Review Literature]," MPRA Paper 89554, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:89554
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    More about this item

    Keywords

    Contagio Financiero; Economía Financiera; Macroeconomía Aplicada; canales de transmisión.;
    All these keywords.

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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