The Cause, Effects, and Implications of Financial Contagion

Notes

2 Kodres, p 4

3 Kodres, p 24

4 Kodres, p 5-7

5 Kodres, p 9-10

6 Some of the assumptions made in constructing the model, such as the assumption of CARA utility functions and the assumption that investors can borrow unrestrictedly, eliminate these effects. Kodres, p 13

7 Kodres p 13

8 Kodres, p 13

9 Kodres, p 13

10 Kodres, p 2-4

11 Kodres, p 31

12 Kodres, p 20

13 Kodres, p21

14 As found in "On the Efficiency of the Financial System" by James Tobin

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