Financial markets respond to information virtually instantaneously. Each new piece of
information influences the prices of assets and their correlations with each other, and as the …

Oil prices and exchange rates against the dollar have both experienced long swings over
the recent decade. Regardless of the great amount of research, some issues are still open to …

This study employs the panel convergence methodology developed by Phillips and Sul
(2007) to explore the convergence dynamics of international equity markets. The analysis …

Past research considered effects of trade or trade agreements on equity market linkages
across countries. We investigate the impact of NAFTA on US, Canadian, and Mexican equity …

This study analyzes risk spillovers across North American equity markets over 1995–2016.
Downside and upside Conditional Value-at-Risk (CoVaR) are estimated after modeling the …

I use a global vector autoregression (GVAR) model with quarterly data since the inception of
NAFTA (1994Q1–2016Q4) to investigate the effects of trade shocks to the USA and Mexico …

La liberalización y desregulación financieras han dado lugar a crecientes inversiones
extranjeras en la Bolsa Mexicana de Valores (BMV). Además, el Tratado de Libre Comercio …

Las recientes políticas de liberalización económica y financiera han incrementado la
internacionalización de los mercados emergentes. Una atrevida estrategia implementada …

In this paper, we analyze dynamic interactions between stock markets of BRICS (Brazil,
Russia, India, China and South Africa) and other select emerging economies as classified …

This paper investigates the macroeconomic policy challenges associated with a prospective
continuation of international trade and financial integration over the next two decades …