Contagion in the European Sovereign Debt Crisis

We thank Ana Babus, Irina Balteanu, Steven N. Durlauf, Matthew Elliott, Michael Gofman, Christian Julliard, Raoul Minetti, Christian Opp, Mark Ready, Eli Remolona, Bruce Sacerdote, Alireza Tahbaz-Salehi, Lowell J. Taylor, Martin Weidner, Mark Wright, and participants at the AFA Meetings, Tepper-LAEF Macro-Finance Conference, SED Meetings, EMG-ECB Conference on Emerging Markets Finance, University College London applied seminar, and the Financial and Economics Networks Conference at the University of Wisconsin for helpful comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.