Contagion from the US debt crisis: the relationship between integration and contagion and the mitigating effect of anti-crisis measures
The aim of the paper is to draw a conclusion about the effect that integration has on the (in)stability of the linkages between international stock markets. To measure this (in)stability we focus on the contagion effect caused by the US debt crisis. Furthermore, we take the anti-crisis policies of the different countries into account and discuss whether this could have a mitigating effect on the r