Financial crises often transmit across geographical borders and different asset classes. Modeling these interactions is empirically challenging, and many of the

No sooner had the Asian crisis broken out in 1997 than the witch-hunt started. With great indignation every Asian economy pointed fingers. They were innocent by

Over the past years, significant changes have occurred in the corporate sector arising from globalization, increasing international competitiveness, and intensi

This volume presents a unified mathematical framework for the transmission channels for damaging shocks that can lead to instability in financial systems. As th

"Financial Contagion: The Viral Threat to the Wealth of Nations covers a lot of territory. It is, of course, terribly important to analyze case histories to dis