provided by Research Papers in Economics
ECONOMIC GROWTH CENTER
YALE UNIVERSITY
P.O. Box 208269
New Haven, CT 06520-8269
CENTER DISCUSSION PAPER NO. 822
CORRELATION ANALYSIS OF FINANCIAL CONTAGION:
WHAT ONE SHOULD KNOW BEFORE RUNNING A TEST
Giancarlo Corsetti
Yale University, University of Rome III, and CEPR
Marcello Pericoli
Bank of Italy
and
Massimo Sbracia
Bank of Italy
April 2001
Note: Center Discussion Papers are preliminary materials circulated to stimulate discussions and critical
comments.
We thank Luca Dedola and seminar participants at the ZEI Summer School and Banca d’Italia for
comments. Giavanna Poggi has provided valuable research assistance. The views expressed in this paper
are those of the authors and do not necessarily reflect those of the Bank of Italy, or any other institutions
with which the authors are affiliated. Correspondence: [email protected].
This paper can be downloaded without charge from the Social Science Research Network
electronic library at: http://papers.ssrn.com/paper.taf?abstract id=274894
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