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Stockmarket comovements revisited

Author

Listed:
  • Sergio Da Silva

    (Department of Economics, Federal University of Santa Catarina)

  • Paulo Ceretta

    (Department of Management, Federal University of Santa Maria)

  • Silvia Nunes

    (Department of Economics, Amazon State University)

  • Newton Da Costa, Jr

    (Department of Economics, Federal University of Santa Catarina, Brazil)

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

  • Sergio Da Silva & Paulo Ceretta & Silvia Nunes & Newton Da Costa, Jr, 2005. "Stockmarket comovements revisited," Economics Bulletin, AccessEcon, vol. 7(3), pages 1-9.
    • Handle: RePEc:ebl:ecbull:eb-05g10001
    as

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    File URL: http://www.accessecon.com/pubs/EB/2005/Volume7/EB-05G10001A.pdf
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    References listed on IDEAS

    as
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    Cited by:

    1. Sergio Da Silva & Jefferson Cunha & Newton Da Costa, Jr, 2005. "Stock selection based on cluster analysis," Economics Bulletin, AccessEcon, vol. 13(1), pages 1-9.
    2. Shamshuritawati Sharif & Maman Djauhari, 2012. "A Proposed Centrality Measure: The Case of Stocks Traded at Bursa Malaysia," Modern Applied Science, Canadian Center of Science and Education, vol. 6(10), pages 1-62, October.
    3. Marco GALLEGATI, 2001. "A Wavelet Analysis of MENA stock markets," Middle East and North Africa 330400031, EcoMod.
    4. repec:ebl:ecbull:v:13:y:2005:i:1:p:1-9 is not listed on IDEAS
    5. da Silva, Marcus Fernandes & de Area Leão Pereira, Éder Johnson & da Silva Filho, Aloisio Machado & de Castro, Arleys Pereira Nunes & Miranda, José Garcia Vivas & Zebende, Gilney Figueira, 2016. "Quantifying the contagion effect of the 2008 financial crisis between the G7 countries (by GDP nominal)," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 453(C), pages 1-8.
    6. Hock-Ann Lee & Kian-Ping Lim & Venus Khim-Sen Liew, 2009. "Is There Any International Diversification Benefits in ASEAN Stock Markets?," Economics Bulletin, AccessEcon, vol. 29(1), pages 392-406.

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    JEL classification:

    • G1 - Financial Economics - - General Financial Markets
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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