Dollarization in Cuba / R(c)Øemy Herrera, Paulo Nakatani -- Dollarization and political risk : is there a forum for debate? / Harvey Arbelaez -- The flow of capital to Latin America, 1973-2000 / Lall Ramrattan, Aron A. Gottesman, Michael Szenberg -- Lending of last resort, bank monitoring and...

This study examines the cross‐autocorrelation of size‐based portfolio returns in a sample of 15 major European markets using daily data from January 1990 through December 1999. Previous studies have primarily used U.S. data. This study extends previous research by considering results in...

One of the main reasons that investment advisors recommend international investments is that foreign stocks are not highly correlated with U.S. stocks. As world economies become increasingly interrelated, it may become more difficult for investors to achieve effective diversification. This...

This study examines the potential risk reducing benefits of credit default swaps (CDS) against risk in U.S. stock market sectors from 2004 to 2011. Tests of GARCH dynamic conditional correlation coefficients indicate that CDS serve as an effective hedge against risk in all stock sectors. CDS...