Open AccessFinancial contagion among members of the EU‐8
Author(s) -
David Gray
Publication year - 2009
Publication title -
international journal of emerging markets
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.433
H-Index - 30
eISSN - 1746-8817
pISSN - 1746-8809
DOI - 10.1108/17468800910991214
Subject(s) - czech , financial crisis , business , financial system , financial contagion , finance , economics , financial market , philosophy , linguistics , macroeconomics
The aim of this paper is to examine whether the banking crisis in the US and Western Europe that began in August 2007 spilled over to the currencies the EU-8 such that it could be viewed as financial contagion. The currencies of the EU-8 that will be studied are of the Czech Republic, Estonia, Hungary, Lithuania, Latvia, Poland and Slovakia, daily, from 2005 to 2008
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