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Contagion in Latin America

Author

Listed:
  • Angelo Polydoro

    (EPGE - School of Pos-Graduate Economics)

Abstract

Latin America suffer before each democratic election due to its structural clivage, high social inequity and demands. The objective of this paper is to show that at elections, for some importants countries, the contagion effects increase the correlation of the return series markets.

Suggested Citation

  • Angelo Polydoro, 2005. "Contagion in Latin America," Macroeconomics 0503008, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpma:0503008
    Note: Type of Document - pdf; pages: 13
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/mac/papers/0503/0503008.pdf
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    References listed on IDEAS

    as
    1. Dungey, M. H., 1999. "Decomposing exchange rate volatility around the Pacific Rim," Journal of Asian Economics, Elsevier, vol. 10(4), pages 525-535.
    2. Bekaert, Geert & Hodrick, Robert J, 1992. "Characterizing Predictable Components in Excess Returns on Equity and Foreign Exchange Markets," Journal of Finance, American Finance Association, vol. 47(2), pages 467-509, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Political Economics; Contagion Methods; Return Series; Electoral Cycles;
    All these keywords.

    JEL classification:

    • C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General
    • N26 - Economic History - - Financial Markets and Institutions - - - Latin America; Caribbean

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    This paper has been announced in the following NEP Reports:

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