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Contagion and Spillovers: New Insights from the Crisis

Editor

Listed:
  • Peter Backé, Ernest Gnan and Philipp Hartmann

Author

Listed:
  • Peter Backé
  • Martin Feldkircher
  • Ernest Gnan
  • Mathias Lahnsteiner
  • Ewald Nowotny
  • Jürgen Kröger
  • Stefan Kuhnert
  • Mary McCarthy
  • Sebastián Nieto-Parra
  • Javier Santiso
  • Stéphane Dees
  • Filippo di Mauro
  • Catherine Keppel
  • Julia Wörz
  • Már Gudmundsson
  • Thorsteinn Thorgeirsson
  • Eugenio Cerutti
  • Anna Ilyina
  • Yulia Makarova
  • Christian Schmieder
  • Ove Sten Jensen
  • Claus Johansen
  • Sonsoles Gallego
  • Sándor Gardó
  • Reiner Martin
  • Luis Molina
  • José Maria Serena
  • Violetta Klyviene
  • Lars Tranberg Rasmussen
  • Dimitry Sologoub

Abstract

On February 12, 2010, SUERF, the Oesterreichische Nationalbank and the Bankwissenschaftliche Gesellschaft continued their established tradition of jointly organised conferences. As evidenced also by the 115 conference participants, this year's subject of "Contagion and Spillovers – New Insights from the Crisis" turned out to be particularly topical, as first lessons from the financial crisis and global recession were being drawn, while concerns about Greece's government debt problems were threatening to spread to other countries within the euro area, with potential negative repercussions for the euro area as a whole being feared by observers.

Suggested Citation

  • Peter Backé & Martin Feldkircher & Ernest Gnan & Mathias Lahnsteiner & Ewald Nowotny & Jürgen Kröger & Stefan Kuhnert & Mary McCarthy & Sebastián Nieto-Parra & Javier Santiso & Stéphane Dees & Filippo, 2010. "Contagion and Spillovers: New Insights from the Crisis," SUERF Studies, SUERF - The European Money and Finance Forum, number 2010/5 edited by Peter Backé, Ernest Gnan and Philipp Hartmann, May.
    • Handle: RePEc:erf:erfstu:62
    as

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    File URL: https://www.suerf.org/docx/s_445e1050156c6ae8c082a8422bb7dfc0_2881_suerf.pdf
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    References listed on IDEAS

    as
    1. Erik Berglof & Yevgeniya Korniyenko & Alexander Plekhanov & Jeromin Zettelmeyer, 2010. "Understanding the Crisis in Emerging Europe," Public Policy Review, Policy Research Institute, Ministry of Finance Japan, vol. 6(6), pages 985-1008, September.
    2. World Bank, 2007. "Ukraine Poverty Update," World Bank Publications - Reports 19244, The World Bank Group.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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    Cited by:

    1. Jarko Fidrmuc & Reiner Martin, 2011. "FDI, Trade and Growth in CESEE Countries," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 1, pages 70-89.
    2. Jarko Fidrmuc & Reiner Martin, 2011. "Capital Inflows, Exports and Growth in the CESEE Region," Chapters, in: Ewald Nowotny & Peter Mooslechner & Doris Ritzberger-Grünwald (ed.), Post-Crisis Growth and Integration in Europe, chapter 21, Edward Elgar Publishing.
    3. Jan Babecky & Ales Bulir & Katerina Smidkova, 2012. "Sustainable Real Exchange Rates in the New EU Member States: What Did the Great Recession Change?," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 62(3), pages 226-251, July.
    4. repec:onb:oenbfi:y:2012:i:2:b:3 is not listed on IDEAS
    5. Thorsteinn Thorgeirsson & Paul van den Noord, 2013. "The Icelandic banking collapse - was the optimal policy path chosen?," Economics wp62, Department of Economics, Central bank of Iceland.
    6. Jesús Crespo Cuaresma & Martin Feldkircher, 2012. "Drivers of Output Loss during the 2008–09 Crisis: A Focus on Emerging Europe," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 2, pages 46-64.

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    More about this item

    Keywords

    Political budget cycle; elections; incumbent candidates; Latin American countries; international transmission of shocks; financial integration; financial crises; international business cycle; trade collapse; industrial structure; Central; Eastern and Southeastern Europe; Cross-border banking; Iceland; Ring-fencing; subsidiaries; spillovers; Debt Management Offices; covered bonds; net borrowing; interest spreads; Financial Crisis; financial integration; external vulnerability; unit labour cost; cyclically adjusted budget; non-traded sector; internal devaluation; external devaluation; Latvia; Ukraine; trade; capital inflows; foreign trade;
    All these keywords.

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • F15 - International Economics - - Trade - - - Economic Integration
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • G01 - Financial Economics - - General - - - Financial Crises
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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