Caporale, Guglielmo Maria; You, Kefei - 2017
This paper examines global and regional stock market integration in Asia at both the aggregate and disaggregate … as follows. In the pre-2008 crisis period, no integration/convergence of any kind is found. By contrast, in the post … level, there is evidence of both global and regional integration in 6 out of 10 cases, the exceptions being Financials and …