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Globalization hazard and delayed reform in emerging markets

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Globalization hazard and delayed reform in emerging markets

Calvo, Guillermo A · SEDICI UNLP · 2002

This paper focuses on capital flow volatility in Emerging Market Economies, EMs. Capital inflows rose to unprecedented heights in the first part of the 1990s, and collapsed very rapidly in the second. Volatility could pa...

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Acceso abiertoRuta libre sin proxy. Acceso recomendado cuando no hay suscripción activa.

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Dynamic Conditional Correlation

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Dynamic Conditional Correlation

Robert F. Engle · Journal of Business and Economic Statistics · 2002

Time varying correlations are often estimated with multivariate generalized autoregressive conditional heteroskedasticity (GARCH) models that are linear in squares and cross products of the data. A new class of multivari...

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