EMBI+ México y su relación dinámica con otros factores de riesgo sistemático: 1997 - 2011

The relationships among the Mexico EMBI+ and local and foreign risk factors are examined in this paper. The long run relationships and the dynamics are analyzed taking in account the effects of economic slowdowns into the period of the study. Also the volatilities of EMBI+, domestic interest rate, e...

Descripción completa

Detalles Bibliográficos
Autores principales: López Herrera, Francisco, Venegas Martínez, Francisco, Gurrola Ríos, César
Formato: Online
Idioma:español
Editor: El Colegio de México, A.C. 2013
Materias:
Acceso en línea:https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/81
Revista:

Estudios Económicos

Descripción
Sumario:The relationships among the Mexico EMBI+ and local and foreign risk factors are examined in this paper. The long run relationships and the dynamics are analyzed taking in account the effects of economic slowdowns into the period of the study. Also the volatilities of EMBI+, domestic interest rate, exchange rate and stock market are studied so as their interrelationships, considering the volatilities spillover effects and the dynamic conditional correlations. The findings have implications for investment and financing decision makers so as to the monetary policy makers.