Caporale, Guglielmo Maria; Hadj Amor, Thouraya; Rault, … - 2011
rates in emerging countries, focusing on the role of international financial integration in particular. A reduced-form model … integration being a major driving force. Therefore, financial liberalisation and integration should be pursued only gradually in … emerging countries. -- emerging economies ; real exchange rate ; volatility ; financial integration ; GMM method ; dynamic …