Exchange Markets and Stock Markets Integration in Latin-America

We analyze the relationship between the exchange markets and the integration process of the Latin American stock markets (MILA), focusing the analysis on two points. First, we evaluate the existence and nature of exchange risk premium and its relationship with the uncovered interest parity (UIP) bia...

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Bibliographic Details
Published in:	Revista Mexicana de Economía y Finanzas Nueva Época REMEF
Main Authors:	Jorge Andrés Muñoz Mendoza, Carmen Lissette Veloso Ramos, Sandra María Sepúlveda Yelpo, Carlos Leandro Delgado Fuentealba, Edinson Edgardo Cornejo Saavedra
Format:	Article
Language:	English
Published:	Instituto Mexicano de Ejecutivos de Finanzas 2022-06-01
Subjects:	exchange returns, risk premium, market integration, garch, dcc-mgarch.
Online Access:	https://www.remef.org.mx/index.php/remef/article/view/719

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