Contagion, Not Only Interconnection: Measuring the Transmission of Financial Distress

Contagion, Not Only Interconnection: Measuring the Transmission of Financial Distress

Faculti Editorial

University of Nottingham

Miguel Herculano discuses a novel approach to understand contagion of financial distress in the banking system, which takes into account the spatial nature of the phenomena.

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Contagion, Not Only Interconnection: Measuring the Transmission of Financial Distress