Dées, Stéphane; Di Mauro, Filippo; Pesaran, M. Hashem; … - 2005
-IMF workshop on "Global Financial Integration, Stability and Business
Cycles: Exploring the Links", November 16-17, 2004, Frankfurt … integration has induced a closer financial
and real international interdependence.
The present paper studies the transmission … strands in the literature argue that a rapidly rising
degree of �nancial market integration has induced a closer �nancial and …