Volosovych, Vadym - In: CESifo economic studies : CESifo, a joint initiative of … 59 (2013) 2, pp. 360-391
Using principal components analysis, I examine capital market integration of 15 industrialized economies from 1875 to 2009. The methodology accounts for several dimensions of integration (markets comovement and segmentation) and delivers more credible conclusions concerning the patterns of...
