high degree of diversification. This model is applied quarterly, to stock portfolios of the countries of the MILA: Colombia …

This paper presents the progress in the integration of the Latin American Integrated Market (MILA by its Spanish … MILA member was used. Due to the particular characteristics of the financial series, such as non-stationarity and dynamic … after the conformation of the MILA. This fact suggests that, although the markets are interrelated, the interdependence is …

Latin America (MILA) and Association of Southeast Asian Nations (ASEAN) emerging stock markets during crisis periods. Design … robustness of the CaViaR model in out-sample VaR forecasting for the MILA and ASEAN-5 emerging stock markets in crisis periods … and markets. In particular, quantifying and forecasting the risk for the MILA and ASEAN-5 stock markets is crucial for …

This study aims to determine the impact of the Latin American Integrated Market (MILA) start-up in the main indicators … November 2008 to August 2013; and involves the three stock markets associated with MILA: Bolsa de Comercio de Santiago (BCS …El presente estudio pretende determinar el impacto del Mercado Integrado Latinoamericano (MILA) en los principales …

(MILA) stock markets. Design/methodology/approach The authors adjust the multivariate probability distribution Variance … Gamma (VG) on data yields from the Hang Seng Index (HSI) and MILA and they use the estimated parameters under VG to find a … methodology to calculate the correlation matrix yields and measure the dependence between the Chinese and MILA stock markets.  …