Volatility and Predictability in National Stock Markets : How Do Emerging and Mature Markets Differ? »
Series: IMF Working Papers
Author(s): Anthony Richards
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 1996
This paper examines the evidence for the common assertion that the volatility of emerging stock markets has increased as a result of the liberalization of markets. A range of measures suggests that there has been n...