Stockmarket Comovements Revisited
Abstract
We revisit the issue of comovements of emerging and developed stockmarkets, and provide a simultaneous treatment of data for the eighties and nineties. We show that while emerging markets experience greater instability in the long term than their developed counterparts, there is room for short−term strategies to take advantage of profit opportunities in the emerging markets, especially in India.
Suggested Citation
Newton Da Costa Jr, Silvia Nunes, Paulo Ceretta, and Sergio Da Silva. "Stockmarket Comovements Revisited" Economics Bulletin 7.3 (2005): 1-9.