2015
DOI: 10.32468/be.884
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Financial Contagion in Latin America

Abstract: This study uses a Dynamic Conditional Correlation multivariate GARCH approach for testing for contagion among Latin American financial markets to shocks originated in the United States and Europe. Using daily data on stock market returns for the period comprised between July 4th, 2001 and December 30th, 2013, we find some evidence suggesting two episodes of contagion. The first corresponds to the time of the mortgage subprime crisis in the US, while the second corresponds to the period of sovereign bonds' turb… Show more

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Cited by 4 publications
(2 citation statements)
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“…Financial crises were considered as events that occurred in individual markets, without a systemic character, and therefore deserved little attention to the possibility of transmitting shocks between countries. (Bejarano-Bejarano, Gómez-González, Melo-Velandia, and Torres-Gorron, 2015;Wagan and Ali, 2014).…”
Section: Introductionmentioning
confidence: 99%
“…Financial crises were considered as events that occurred in individual markets, without a systemic character, and therefore deserved little attention to the possibility of transmitting shocks between countries. (Bejarano-Bejarano, Gómez-González, Melo-Velandia, and Torres-Gorron, 2015;Wagan and Ali, 2014).…”
Section: Introductionmentioning
confidence: 99%
“…A veces, algunos trastornos extraabdominales causan dolor abdominal, como ocurre en el infarto de miocardio, la neumonía y la torsión testicular. Otros problemas extraabdominales menos frecuentes que causan dolor abdominal son la cetoacidosis diabética, la porfiria, la anemia de células falciformes (anemia drepanocítica o drepanocitosis) y determinadas picaduras y venenos (como la picadura de la viuda negra o de algunos escorpiones y el envenenamiento por metales pesados o metanol) 23 .…”
Section: Causas Del Dolor Abdominal Agudounclassified