منابع مشابه
Contagion and Interdependence in Financial Markets: A New Approach
The concepts of contagion and interdependence are two ways to characterize the transmission mechanisms of shocks from one market to the others. In the case of contagion, the implicit assumption is one of dominance of a market on the others and the transmission takes the form of the diffusion of the events with a temporal lag, while in the presence of interdependence this behavior is in two dire...
متن کاملNo Contagion, Only Interdependence: Measuring Stock Market Comovements
Heteroskedasticity biases tests for contagion based on correlation coefficients. When contagion is defined as a significant increase in market comovement after a shock to one country, previous work suggests contagion occurred during recent crises. This paper shows that correlation coefficients are conditional on market volatility. Under certain assumptions, it is possible to adjust for this bia...
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Available online 20 May 2014
متن کاملHow to Facilitate Social Contagion?
Achieving the Millennium Development Goals has proven to be a real challenge. Providing evidence on cost-effective interventions did not prove to be sufficient to secure the trust of national authorities, health care providers and patients. Introducing change in a health system requires a good understanding of the relationships between the actors of the system. Social network analysis can provi...
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ژورنال
عنوان ژورنال: Economía
سال: 2019
ISSN: 1533-6239
DOI: 10.1353/eco.2019.0002