contagion
- contagion
Excess correlation of delivering or bond returns. For example, under usual conditions we might observe a certain level of correlation of market returns. A period of contagion would be associated with much higher-than-expected correlation. Some examples are the conjectured contagion in East Asian markets beginning in July 1997 when the Thai currency devalued and the impact across many emerging markets of the Russian default. Contagion is difficult to identify because you need some sort of measure of the expected correlation. It is complicated because correlations are known to change through time, for example, see Erb, Harvey and Viskanta's article in the 1994 Financial Analysts Journal. In periods of negative returns, correlations (and volatility) are known to increase, so what might appear to be excessive may not be contagion. Bloomberg Financial Dictionary
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contagion con‧ta‧gion [kənˈteɪdʒn] noun [countable, uncountable]
when problems in one country, area etc spread to other countries etc:
• Europe and Japan are feeling the effects as the slow US economy spreads its contagion.
• The Japanese banking crisis has created the possibility of worldwide financial contagion.
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contagion UK US /kənˈteɪdʒən/ noun [U]
► ECONOMICS »
Brazil's stock markets were battered by contagion from the problems in other emerging markets.
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The planned mega-merger was intended to fortify the industry against financial contagion.
Financial and business terms.
2012.
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Look at other dictionaries:
contagion — [ kɔ̃taʒjɔ̃ ] n. f. • 1375; lat. contagio, rac. tangere « toucher » 1 ♦ Transmission d une maladie à une personne saine, par contact direct avec un malade (contagion directe) ou par l intermédiaire d un contage (contagion indirecte).⇒… … Encyclopédie Universelle
Contagion — may refer to: In medicine Infectious disease, also known as contagious disease, with infection, or the infectious agent, also known as (a) contagion In media Batman: Contagion, a story arc in the Batman comic book series Contagion (novel), a… … Wikipedia
contagion — CONTAGION. s. f. Communication d une maladie maligne, soit par attouchement, soit par respiration, ou autrement. Ce mal se prend par contagion. Il signifie aussi plus ordinairement, La maladie qu on nomme Peste. Grande contagion. il y a de la… … Dictionnaire de l'Académie française
contagion — CONTAGION. s. fém. Communication d une maladie maligne. Ce mal se prend par contagion. [b]f♛/b] Il signifie souvent aussi La maladie qu on nomme Peste. Grande contagion. Il y a de la contagion en tel Pays. La contagion est dans une telle Ville.… … Dictionnaire de l'Académie Française 1798
Contagion — Con*ta gion (k[o^]n*t[=a] j[u^]n), n. [L. contagio: cf. F. contagion. See {Contact}.] 1. (Med.) The transmission of a disease from one person to another, by direct or indirect contact. [1913 Webster] Note: The term has been applied by some to the … The Collaborative International Dictionary of English
Contagion — (engl. für „Ansteckende Krankheit“ oder „Seuche“) steht für: Contagion, Originaltitel des Films Ebola – Anschlag auf den Präsidenten aus dem Jahr 2002 Contagion (Film), US amerikanischer Science Fiction Thriller des Regisseurs Steven Soderbergh… … Deutsch Wikipedia
contagion — late 14c., from O.Fr. contagion, from L. contagionem (nom. contagio) a touching, contact, contagion, related to contingere touch closely (see CONTACT (Cf. contact)) … Etymology dictionary
contagion — [kən tā′jən] n. [ME contagioun < L contagio, a touching < contingere: see CONTACT] 1. the spreading of disease from one individual to another by direct or indirect contact 2. any disease thus spread; contagious disease 3. the causative… … English World dictionary
Contagion — (v. lat.), Ansteckung; Contagium, Ansteckungsstoff; Contagios, ansteckend, bes. Contagiöse Krankheiten; Contagiosität, die Fähigkeit angesteckt zu werden, s.d.a. unter Ansteckung. Solche Ärzte, welche die Ursache einer herrschenden Krankheit im… … Pierer's Universal-Lexikon
Contagion — Contagion, s. Ansteckung; contagiös, ansteckend; Contagionisten, die Anhänger der Hypothese eines Contagiums … Herders Conversations-Lexikon
contagion — index contaminate, disease Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
