Caner, Selcuk; Onder, Zeynep - In: Applied Economics 37 (2005) 8, pp. 929-941
In this study, the short-term fluctuations in the monthly returns on composite indexes of 17 emerging markets affected by the financial crises in the late 1990s and 2000 are decomposed with vector autoregressive estimates. The results are compared to the behaviour of variation in returns in...
