Sovereign bond spreads evolution in Latin American countries

ANTONIO TERCEÑO; LISANA B. MARTINEZ; M. TERESA SORROSAL-FORRADELLAS; M. GLÒRIA BARBERÀ-MARINÉ

Castellón de la Plana

Congreso; International Conference on Modeling and Simulation.; 2013

This paper presents an empirical analysis related to sovereign bond spreads variations of seven Latin American countries during 2000 to 2012. The self-organizing maps methodology allows identifying the similarities among the financial markets evolutions. Moreover, we detect the impact of the Argentina financial crisis and the recent contagion effect of the last financial crisis over the emerging region during the year 2009.