In this paper, we study stock market skewness/coskewness for seven Latin American emerging markets including Argentina, Brazil, Chile, Mexico, Colombia, Peru and Venezuela. Unlike the US, skewness in these countries is normally positive and driven by fundamentals. We find, however, that the...

Over the past decade, foreign direct investment (FDI) around the world has nearly tripled, and with this surge have come dramatic shifts in FDI flows. In Foreign Direct Investment, distinguished economists look at changes in FDI, including historical trends, specific country experiences,...