Showing 1 - 10 of 17
Persistent link: https://www.econbiz.de/10009488607
the bulk of the reduction in international trade …
Persistent link: https://www.econbiz.de/10014402966
correlated business cycles. We assess whether the standard international business cycle framework can replicate this intuitive … integration under two asset market structures, complete markets and international financial autarky. Our main finding is that …
Persistent link: https://www.econbiz.de/10014404216
Persistent link: https://www.econbiz.de/10010389494
with them. The experiences suggest that as countries become more integrated with international financial markets, there is …
Persistent link: https://www.econbiz.de/10014401073
paper, a global vector autoregressive (GVAR) model is constructed to assess the relevance of international spillovers …
Persistent link: https://www.econbiz.de/10014404273
financial markets, especially in the case of the international bond market. A further successful liberalization of the Chinese …, notably the foreign exchange market. Even though the increased integration of China into international capital markets would …
Persistent link: https://www.econbiz.de/10011978420
This paper examines the evolving importance of common global components underlying domestic financial conditions. It develops financial conditions indices (FCIs) that make it possible to compare a large set of advanced and emerging market economies. It finds that a common component, 'global...
Persistent link: https://www.econbiz.de/10011799311
This paper analyzes the impact of the globalization of financial markets on developing and transition economies … gaps may reinforce financial market discipline in these countries. Some current international initiatives are outlined for …
Persistent link: https://www.econbiz.de/10014403407
The paper describes the evolution of the corporate stock and bond markets in Korea and the Government’s role in this evolution and its policy with regard to internationalization of the capital market. The paper analyzes problems encountered in gradually opening the Korean capital market to...
Persistent link: https://www.econbiz.de/10014395771