Emerging Markets and the Global Economy: A Handbook - Hardcover

Über die Autorinnen und Autoren

Professor of Finance, University of Auvergne, and Associate Researcher at EDHEC Business School, France

Associate Professor of Finance, Champage School of Management and University of Paris Est, France

Professor of Finance and Deputy Director for Research at IPAG Business School (France).

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Contributors to this collection investigate analytical techniques suited to emerging market economies, which typically possess environments prone to policy shocks. Despite the large body of emerging market finance literature, their underlying dynamics and interactions with other economies remain challenging and mysterious because standard financial models imprecisely measure them. Seeking to describe the linkages between emerging and developed markets, this collection systematically explores several crucial issues in asset valuation and risk management. Contributors present new theoretical constructions and empirical methods for handling cross-country volatility and sudden regime shifts. Often attractive for investors because of the superior growth they can deliver, emerging markets can have a low correlation with developed markets. This collection advances our knowledge about their inherent characteristics.

Foreword by Campbell R. Harvey