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)
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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.
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