Pavlova, Anna (contributor); Rigobón, Roberto (contributor) - 2007
phenomenon known as contagion. The model
generates predictions consistent with other important empirical results such as …, terms of trade, wealth transfer, portfolio con-
straints, contagion.
∗
Pavlova is from the London Business School and CEPR … circulated under the title “Wealth Transfers, Contagion, and Portfolio
Constraints.”
1. Introduction
Even a casual observer of …