Kuhl Teles, Vladimir; P. Andrade, Joaquim - Escola de Economia de São Paulo (EESP), Fundação … - 2010
This article develops an econometric model in order to study country risk behavior for six emerging economies (Argentina, Mexico, Russia, Thailand, Korea and Indonesia), by expanding the Country Beta Risk Model of Harvey and Zhou (1993), Erb et. al. (1996a, 1996b) and Gangemi et. al. (2000)....