Brazil, Chile, and Mexico. Costs include investment banking and legal fees, regulatory and exchange listing costs, rating … Chile from a transaction cost perspective, over the past decade most firms have used bonds rather than shares to raise …

-integration analysis to estimate simultaneously a monetary reaction function and the determinants of expected inflation for Brazil, Chile …, Colombia and Mexico in the post-1999 period. It also tests for the presence of volatility spillovers between the monetary … examination, and ii) greater volatility in the monetary stance leads to higher volatility in expected inflation in Brazil …