Kim, Soyoung; Lee, Jong-Wha; Shin, Kwanho - Volkswirtschaftliche Fakultät, … - 2006
We examine the degree of regional vs. global financial integration of East Asian countries in three ways; (1) comparing … also find relatively more evidence of regional financial integration in bank claim markets than portfolio asset markets …. The low financial integration within East Asia is attributed to the low incentives for portfolio diversification within …