IMF Staff papers, Volume 43 No. 3.

This paper examines the volatility and predictability of emerging stock markets. A range of measures suggests that, despite perceptions to the contrary, the volatility of emerging markets may have fallen rather than risen on average. Also, although the autocorrelations in emerging market returns app...

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Bibliografske podrobnosti
Korporativna značnica: International Monetary Fund. Research Dept
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1996.
Serija:IMF Staff Papers; IMF Staff Papers ; No. 1996/003
Online dostop:Full text available on IMF
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245 1 0 |a IMF Staff papers, Volume 43 No. 3. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1996. 
300 |a 1 online resource (188 pages) 
490 1 |a IMF Staff Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper examines the volatility and predictability of emerging stock markets. A range of measures suggests that, despite perceptions to the contrary, the volatility of emerging markets may have fallen rather than risen on average. Also, although the autocorrelations in emerging market returns appear to turn negative at horizons of a year or more, the magnitude of these return reversals is not that much larger than reversals in some mature markets. One interpretation of the results would be that emerging markets have not consistently been subject to fads or bubbles, or at least no more so than in some industrial countries. 
538 |a Mode of access: Internet 
830 0 |a IMF Staff Papers; IMF Staff Papers ;  |v No. 1996/003 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/024/1996/003/024.1996.issue-003-en.xml  |z IMF e-Library