Guesmi, Khaled; Teulon, Frédéric - Institut de Préparation à l'Administration et à la … - 2013
dynamic changes in the degree of market integration, regional market risk premium, regional exchange-rate risk premium, and … domestic market risk premium. Our findings show several interesting facts. First, the time-varying degree of integration in the … Singapore market is satisfactorily explained by the level of trade openness and the term premium of US interest rates, which …