搜索结果: 1-14 共查到“货币银行学 Integration”相关记录14条 . 查询时间(0.046 秒)
We investigate the relationship between foreign direct ownership of firms and firm- and regionhighly robust, relationship between firm-level foreign ownership and volatility of value...
How Big are the Gains from International Financial Integration?
Productivity neoclassical growth model welfare FDI fi nancial integration
2015/9/21
The literature has shown that the implied welfare gains from international financial integration are
very small. We revisit the existing findings and document that welfare gains can be su...
In this survey, we attempt
to consider how ˉnancial integration may increase economic welfare with little mentioning
of potentially destabilizing e®ects. Financial crises can result from a rang...
Financial Integration within EU Countries: The Role of Institutions, Confidence and Trust
European capital markets regional capital fl ows ownership culture
2015/9/21
We investigate the degree of financial integration within and between European
countries. We construct two measures of de-facto integration across European regions
to capture “diversific...
FINANCIAL INTEGRATION AND CONSUMPTION SMOOTHING
CONSUMPTION SMOOTHING FINANCIAL INTEGRATION
2015/7/23
We test if financial integration improves household consumption smoothing using microeconomic
data. We find that the process of financial market integration and liberalisation broug...
Regional Integration Challenges in South East Europe: Banking Sector Trends
reviews institution-building process transition countries regional integration
2011/9/28
This article reviews and evaluates a particular aspect of the institution-building process in the transition countries of Southeast Europe. It focuses on the development of the banking sector. It argu...
The Final Frontier: The Integration of Banking and Commerce
banking and commerce portfolio diversification retail firms creation of internal capital markets
2011/9/27
In the first part (in the previous issue of Economic Review) of this two-part study, the authors identified a number of possible benefits from combining banking and commerce, including portfolio diver...
The Final Frontier: The Integration of Banking and Commerce
banking and commerce remove the legal barriers between banking and commerce increased internal capital markets
2011/9/26
The policy debate on whether to strengthen or to remove the legal barriers between banking and commerce has paid little attention to what the practical effects of removing the barriers would be. To he...
MONETARY POLICY COOPERATION TO SUPPORT ASIAN ECONOMIC INTEGRATION
Regional Economic Integration Monetary Policy Cooperation Exchange Rate Arrangements Sequencing
2011/8/21
This paper considers the form of monetary policy coordination and regional exchange rate arrangement that would best support economic and financial integration in East Asia. In view of the region's ec...
A Short Tale of Long Tail Integration
numerical integration Fourier transform Laplace transform
2010/10/20
Integration of the form $\int_a^\infty {f(x)w(x)dx} $, where $w(x)$ is either $\sin (\omega {\kern 1pt} x)$ or $\cos (\omega {\kern 1pt} x)$, is widely encountered in many engineering and scientific ...
Stock market integration in the Latin American markets: further evidence from nonlinear modeling
Stock market integration Latin American marketsp nonlinear modeling
2010/11/1
This article studies the financial integration between the six main Latin American markets and the US market in a nonlinear framework. Using the threshold cointegration techniques of Hansen and Seo (2...
Structural Breaks in the Mexico's Integration into the World Stock Market
International Asset Pricing Segmentation Emerging Markets Structural Breaks
2010/11/1
This article investigates the evolution of the Mexican stock market integration into the world
market. First, we estimate the time-varying Mexican degree of market integration using an
international...
International Stock Markets Comovements: the Role of Economic and Financial Integration
stock markets Ö nancial integration economic integration factor vector autoregressive models G-7.
2014/6/25
In this paper the contributions of economic and Önancial integration to international stock markets comovements are investigated by means of a large scale macroeconometric model, set in the facto...
Liquidity and Issue Costs in the Eurobond Market: The Effects of Market Integration
Liquidity Issue Costs Eurobond Market Market Integration
2014/6/26
We investigate and compare the issuance costs of Eurobonds before and after the completion of the Economic and MonetaryUnion (EMU) in 2002, and find that the
introduction of the euro has significant...