Contagion and Firms’ Internationalization in Latin America : Evidence from Mexico, Brazil, and Chile

Contagion and Firms’ Internationalization in Latin America : Evidence from Mexico, Brazil, and Chile

The author investigates whether contagion matters when emerging market firms cross-list their stocks in a developed capital market. She develops a rational expectations model where financial markets are segmented along emerging markets' borders and contagion spreads from one emerging market to...

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Bibliographic Details
Main Author: Sakho, Yaye Seynabou
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2012
Subjects:
ASSETS
ASYMMETRIC INFORMATION
CAPITAL MARKET
CAPITAL MARKETS
CONTAGION
CRISIS AFFECTED
DEMAND CURVE
DEMAND FUNCTIONS
DOMESTIC MARKET
EMERGING MARKET
EMERGING MARKETS
EQUILIBRIUM
EQUILIBRIUM PRICES
EXCESS DEMAND
EXPECTED RETURNS
EXTERNALITY
FINANCIAL CRISES
FINANCIAL INTERNATIONALIZATION
FINANCIAL MARKET
FINANCIAL MARKETS
FOREIGN INVESTORS
FOREIGN OWNERSHIP
FOREIGN SECURITIES
FUTURE RESEARCH
GLOBALIZATION
HEDGE FUNDS
INFORMATION ASYMMETRY
INSURANCE
INTEREST RATE
INTERNATIONAL CAPITAL MARKET
INTERNATIONAL CAPITAL MARKETS
INTERNATIONAL FIRMS
INTERNATIONAL INVESTORS
INVESTMENT BARRIERS
LIQUIDATION
LIQUIDITY
M1
M2
M3
MACROECONOMIC POLICY
MARKET INTEGRATION
MARKET PRICES
MARKET SEGMENTATION
MARKET TRANSPARENCY
MUTUAL FUNDS
PORTFOLIO
PORTFOLIOS
PRICE CHANGE
PRICE CHANGES
PRICE DECREASE
PRICE DECREASES
PRICE EFFECT
PRICES
RATE OF RETURN
RISK AVERSION
RISK EXPOSURE
SALE
SALES
SECURITIES MARKETS
SHORT SALES
SPREAD
STOCK PRICES
STOCKS
TRADERS
UTILITY FUNCTIONS
VOLATILITY
WEALTH
Online Access:http://documents.worldbank.org/curated/en/2006/12/7245802/contagion-firms-internationalization-latin-america-evidence-mexico-brazil-chile
http://hdl.handle.net/10986/8859

Internet

http://documents.worldbank.org/curated/en/2006/12/7245802/contagion-firms-internationalization-latin-america-evidence-mexico-brazil-chile
http://hdl.handle.net/10986/8859

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