Written primarily by an international group of professors of finance, business, and economics, 14 chapters represent examples of recent research concerned with the economics of emerging
markets. Topics include measurement problems in global financial reporting; equity marketst; linkages between US portfolio equity flows and equity returns in China and India; linkages between
monetary policy, inflation, output, and unemployment in the Euro zone; expansion of mean-variance analysis in emerging equity markets; an empirical test of the consumption-based asset pricing
model in Latin America; rational bubbles in the Istanbul (Turkey) Stock Exchange; analyst origin and forecasting quality in the Latin American stock markets; securities markets in emerging
economies; frequency-domain versus time-domain estimates of risk aversion from the consumption-based asset pricing model in Latin America; momentum and market states in Latin American emerging
markets; emerging bond markets crises and contagion; evidence from the Brazilian markets concerning the relationship of dividends to stock returns; and corporate financial performance and
market reaction to employee stock ownership plans in Taiwan. Annotation 穢2008 Book News, Inc., Portland, OR (booknews.com)
