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Political Risk in Latin American Stock Markets: A Rational Expectations Approach

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The Changing Environment of International Financial Markets

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Abstract

Emerging equities markets (EEM) are becoming the focus of much attention. There are two reasons for this. First, governments and international development agencies assign an increasing importance to the securitized markets to finance development and promote capital transfers. Second, they are an interesting target to internationally-minded portfolio managers seeking new opportunities to enhance the performance of their portfolios.

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Authors
  1. Benoit Carmichael
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  2. Jean-Claude Cosset
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  3. Klaus P. Fischer
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Editor information

Editors and Affiliations

  1. Suffolk University, Massachusetts, USA

    Dilip K. Ghosh (Professor of Finance) (Professor of Finance)

  2. Universidad Nacional Autónoma de México, USA

    Edgar Ortiz (Professor of Finance) (Professor of Finance)

Copyright information

© 1994 Dilip K. Ghosh and Edgar Ortiz

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Cite this chapter

Carmichael, B., Cosset, JC., Fischer, K.P. (1994). Political Risk in Latin American Stock Markets: A Rational Expectations Approach. In: Ghosh, D.K., Ortiz, E. (eds) The Changing Environment of International Financial Markets. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-23161-4_13

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