Journal of Economics, Finance and Administrative Science ISSN: 2077-1886
[email protected] Universidad ESAN Perú Lizarzaburu Bolaños, Edmundo R.; Burneo, Kurt; Galindo, Hamilton; Berggrun, Luis Emerging Markets Integration in Latin America (MILA) Stock market indicators: Chile, Colombia, and Peru Journal of Economics, Finance and Administrative Science, vol. 20, núm. 39, diciembre, 2015, pp. 74-83 Universidad ESAN Surco, Perú Available in: http://www.redalyc.org/articulo.oa?id=360743432002 How to cite Complete issue Scientific Information System More information about this article Network of Scientific Journals from Latin America, the Caribbean, Spain and Portugal Journal's homepage in redalyc.org Non-profit academic project, developed under the open access initiative Journal of Economics, Finance and Administrative Science 20 (2015) 74–83 Journal of Economics, Finance and Administrative Science www.elsevier.es/jefas Article Emerging Markets Integration in Latin America (MILA) Stock market indicators: Chile, Colombia, and Peru a,∗ b c d Edmundo R. Lizarzaburu Bolanos˜ , Kurt Burneo , Hamilton Galindo , Luis Berggrun a Universidad ESAN, Lima, Peru b Universidad San Ignacio de Loyola, Lima, Peru c Universidad del Pacífico, Lima, Peru d Universidad Icesi, Cali, Colombia a b s t r a c t a r t i c l e i n f o Article history: This study aims to determine the impact of the Latin American Integrated Market (MILA) start-up in Received 7 May 2015 the main indicators of the stock markets of the countries that conform it (Chile, Colombia, and Peru). Accepted 18 August 2015 At the end, several indicators were reviewed to measure the impact on profitability, risk, correlation, and trading volume between markets, using indicators such as: annual profitability, standard deviation, JEL classification: correlation coefficient, and trading volume.