Financial contagion of the 2008 crisis: is there any evidence of financial contagion from the US to the Baltic states

The paper aims to investigate the research question whether the US 2008 crisis spilled over contagiously to the Baltic States as small open economies. In order to examine the evidence of financial contagion as a systematic component of financial risks in the case of the Baltic States, we employ seve...

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Bibliographic Details
Main Authors: Andres Kuusk, Tiiu Paas, Karmen Viikmaa
Format: Article
Language:English
Published: Alexandru Ioan Cuza University of Iasi 2011-12-01
Series:Eastern Journal of European Studies
Subjects:
Online Access:http://www.ejes.uaic.ro/articles/EJES2011_0202_KUU.pdf