CURCI, ROBERTO; GRIEB, TERRANCE; REYES, MARIO G. - In: Studies in Economics and Finance 20 (2002) 2, pp. 39-57
This study uses a two‐step GARCH‐M procedure to observe mean‐return and volatility transmissions between Latin American markets and to Latin America from external markets during the period 1993–2000. The results indicate that mean‐return transmissions are common both within region and...
