Many authors underlined the convergence of financial structures towards a model which combines elements of the Anglo … predominant. The goal of this paper is to study financial systems convergence through the lens of household asset allocation. We … analyze s and ß convergence of total household financial assets and their main components: deposits, securities other than …

The objective of this paper is to study the issue of convergence of financial systems through the lens of asset … allocation. It examines β- and σ-convergence of the most important financial instruments: deposits, debt securities, shares and … existence of β-convergence of shares and insurance products, confirming an increasing importance of capital markets all over the …

increased degree of convergence in financial systems in developed and developing countries in what concerns main KPIs. That …