Understanding the Mechanics of Contagion in Financial Markets
[This is another of a series of editorials by Executive Editor Andrew Karolyi at the Review of Financial Studies featuring recently published papers at the journal. This editorial features “Financing Constraints and the Amplification of Aggregate Downturns” by Daniel Carvalho of the University of Southern California, an article in Issue 28(9) for September 2015. It was selected as an Editor’s Choice article on the Oxford University Press web site for… Read More »Understanding the Mechanics of Contagion in Financial Markets