Welcome

Why are financial crises transmitted across countries? This website introduces the basic concepts, lieterature, and related websites on contagion of financial crises. We will update this site as soon as new articles and events become available. Please send comments to Sergio Schmukler.

	New Additions to this site
	Definitions and Causes of Contagion
	Book on Contagion: International Financial Contagion: How It Spreads and How It Can Be Stopped
Papers on Contagion by Topic

	Chronicle of Recent Contagious Episodes
	Theoretical Models of Contagion
		Financial Contagion and Herding: The Theory
		Real Contagion: The Theory
		Political Contagion: The Theory
	Empirical Evidence of Contagion
		General Evidence of Contagion
		Strategies to Test Contagion
		Financial Contagion: Empirical Evidence
		Real Contagion: Empirical Evidence
		Country and Historical Evidence
	Managing Crises and Contagion: The Policy Options