A the many factors contributing to the financial crisis of 2007–08, the role of the growing interconnectedness of the global financial system is perhaps the least understood. The crisis exposed the fact that regulators and market participants had very limited information about the network of obligations between financial institutions. It also revealed that there was little theoretical understan...

The contagion aspect of the currency crisis is an important research issue today. In this paper, we set up a dynamic differential model of currency crisis cross contagions between two countries by expanding generalized logistics model, and analyze all kinds of possible equilibrium conditions. It is probably a new idea of studying currency crisis contagion mechanism.

The objective of this paper is to analyze short-term contagion effects in emerging currency markets. The originality of our paper lies in our survey used to present the microstructure of emerging currency markets and our empirical approach to contagion analysis through an estimation of tail dependence between pair currencies employing multivariate extreme value theory for the verification of re...

Did the contagion effect exist? Evidence from Abu Dhabi, Jordan and America Liang-Chun Ho & Chia-Hsing Huang To cite this article: Liang-Chun Ho & Chia-Hsing Huang (2014) Did the contagion effect exist? Evidence from Abu Dhabi, Jordan and America, Economic Research-Ekonomska Istraživanja, 27:1, 740-754, DOI: 10.1080/1331677X.2014.975514 To link to this article: http://dx.doi.org/10.1080/1331677...

Payments systems operate virtually unnoticed in our daily lives and yet are crucial to a wellfunctioning economy and financial system. Because they explicitly link financial institutions, payments systems provide a way to transmit risk within, and between, financial systems. Ideally, payments systems should be designed and operated so as not to add risk in the event of a crisis. The author exam...

Emotional changes are common in mild cognitive impairment (MCI) and Alzheimer's disease (AD). Intrinsic connectivity imaging studies suggest that default mode network degradation in AD is accompanied by the release of an emotion-relevant salience network. We investigated whether emotional contagion, an evolutionarily conserved affect-sharing mechanism, is higher in MCI and AD secondary to biolo...

Deficits in empathy have been proposed to constitute a hallmark of several psychiatric disturbances like conduct disorder, antisocial and narcissistic personality disorders. Limited sensitivity to punishment, shallow or deficient affect and reduced physiological reactivity to environmental stressors have been often reported to co-occur with limited empathy and contribute to the onset of antisoc...

The authors assess the risk of contagion stemming from credit default swap (CDS) exposures. Based on a unique dataset provided both by the Depository Trust and Clearing Corporation and the European Securities and Markets Authority, they analyse the main features of the CDS market for European reference entities. They find that activity in this market is concentrated on a group of bank‐type glob...

It has recently become possible to study the dynamics of information diffusion in techno-social systems at scale, due to the emergence of online platforms, such as Twitter, with millions of users. One question that systematically recurs is whether information spreads according to simple or complex dynamics: does each exposure to a piece of information have an independent probability of a user a...