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Business and Economics > Investments: Stocks

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Cover Departmental Papers
Who's Driving Whom? Analyzing External and Intra-Regional Linkages in the Americas
Mr. Jeromin Zettelmeyer
,
Mr. Martin Mühleisen
, and
Mr. Shaun K. Roache
In a global economy beset by concerns over a growth recession, financial volatility, and rising inflation, countries in the Western Hemisphere have been among the few bright spots in recent years. This has not come as a surprise to those following the significant progress achieved by many countries in recent years, both in macroeconomic management and on the structural and institutional front. Hence, there can be little doubt, as this book argues, that economic and financial linkages between Latin America, the United States, and other important regions of the world economy have undergone profound change.
Keywords:
DPPP; DP; exchange rate; dividend yield; federal funds rate; real interest rate; commodity price; business cycle; sovereign bond; treasury bill; emerging market; monetary policy; nominal exchange rate; base period; bond issue; Inflation; Commodity prices; Stocks; Stock markets; Oil prices; Central America; Global; Caribbean; South America; North America