On the linkages between equity markets in Latin America

Jose Pagan, Gökçe Soydemir

Research output: Contribution to journalArticle

Abstract

This paper utilizes a VAR model to analyse the extent of interdependency of equity markets in Latin America. The results from estimating impulse response functions suggest that there are strong linkages between the equity markets of Mexico and the US, and weaker but significant linkages between the stock markets of Argentina, Brazil and Chile. These cross-country differences in transmission patterns may result from country-specific differences in both the financial market structure as well as economic fundamentals.

Original languageEnglish (US)
Pages (from-to)207-210
Number of pages4
JournalApplied Economics Letters
Volume7
Issue number3
StatePublished - 2000

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Linkage
Equity markets
Latin America
Stock market
Interdependencies
Country differences
Chile
Economic fundamentals
Mexico
Market structure
Brazil
Financial markets
Impulse response function
VAR model
Argentina

ASJC Scopus subject areas

  • Economics and Econometrics

Cite this

On the linkages between equity markets in Latin America. / Pagan, Jose; Soydemir, Gökçe.

In: Applied Economics Letters, Vol. 7, No. 3, 2000, p. 207-210.

Research output: Contribution to journalArticle

Pagan, Jose ; Soydemir, Gökçe. / On the linkages between equity markets in Latin America. In: Applied Economics Letters. 2000 ; Vol. 7, No. 3. pp. 207-210.
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