"Leading authorities contribute papers on a wide variety of topics related to recent developments in the country's financial system. Topics include integration with the new global markets, effects of financial reform on the macroeconomy, deregulation, and reforms in the country's stock...

We estimate the long-run relationships among NAFTA capital market returns and then calculate the weights of a “time-varying minimum variance portfolio” that includes the Canadian, Mexican, and USA capital markets between March 2007 and March 2009, a period of intense turbulence in...