Kose, M. Ayhan; Prasad, Eswar; Rogoff, Kenneth; Wei, … - Institute for the Study of Labor (IZA) - 2009
, NY 14853
USA
E-mail: eswar … flows appear to be the best available
measure of a country’s de facto integration with global financial markets.
6
Should …’s
integration into global financial markets and, for many empirical applications, this measure is
more suitable.
II.2. Evolution …