Contagion and Spillovers – New Insights from the Crisis

Contagion and Spillovers – New Insights from the Crisis

On February 12, 2010 SUERF – The European Money and Finance Forum, the Oesterreichische Nationalbank and the Bankwissenschaftliche Gesellschaft continued their established tradition of jointly organised conferences. As evidenced also by the 115 conference participants, this year’s subject of “Contagion and Spillovers – New Insights from the Crisis” turned out to be particularly topical, as first lessons from the financial crisis and global recession were being drawn, while concerns about Greece’s government debt problems were threatening to spread to other countries within the euro area, with potential negative repercussions for the euro area as a whole being feared by observers.

The President of SUERF, Cathérine Lubochinsky, Professor of Economics and Finance, University of Paris 2, welcomed participants and thanked OeNB Governor Nowotny for hosting the conference and housing the SUERF Secretariat, as well as Otto Lucius, Bankwissenschaftliche Gesellschaft, for sponsoring and advertising the event.

In his introductory statement, OeNB Governor Ewald Nowotny emphasized the importance of SUERF’s dedicated and systematic efforts of ...