Similar Search Results

Bond Markets As Conduits for Capital Flows : How Does Asia Compare?

Luengnaruemitchai, Pipat - 2006

of financial integration or interrelatedness, asking how Asia compares with Europe and Latin America and with the base … more financially integrated than other regions. Asia, more interestingly, already seems to have made more progress on this … sample suggest that one factor holding back investment in foreign bonds in East Asia may be limited geographical …

Persistent link: https://www.econbiz.de/10014400278

The transmission of external shocks in Asia : country characteristics and policy responses

Deb, Pragyan; Nadeem, Sanaa; Peiris, Shanaka Jayanath - 2021

Persistent link: https://www.econbiz.de/10012487199

Global bonding : do U.S. bond and equity spillovers dominate global financial markets?

Bayoumi, Tamim A.; Bui, Trung - 2012

Persistent link: https://www.econbiz.de/10009679663

International Stock Returns and Market Integration : A Regional Perspective

Del Negro, Marco - 2002

into the Americas, Asia, and Europe and find that most of the variation explained by country effects is actually due to …

Persistent link: https://www.econbiz.de/10014401376

Currency Risk Premia in Global Stock Markets

Merritt, Matthew D. - 2006

Large fundamental imbalances persist in the global economy, with potential exchange rate implications. This paper assesses whether exchange rate risk is priced across G-7 stock markets. Given the multitude of hedging instruments available, theory suggests that stock market investors should not...

Persistent link: https://www.econbiz.de/10014402492

Benefits of Compliance with Securities Listing Standards : Evidence From the Depository Receipt Market

Sarr, Abdourahmane - 2001

The paper finds that costs of implementing stringent securities listing standards may exceed benefits. Depository receipts, a growing source of international equity financing, differ in types by the reporting and disclosure standards issuing firms are required to meet. For lower levels of...

Persistent link: https://www.econbiz.de/10014403625

Firm-Level Evidenceon International Stock Market Comovement

Brooks, Robin - 2003

We explore the link between international stock market comovement and the degree to which firms operate globally. Using stock returns and balance sheet data for companies in 20 countries, we estimate a factor model that decomposes stock returns into global, country-specific and industry-specific...

Persistent link: https://www.econbiz.de/10014403861

Unanticipated Shocks and Systemic Influences : The Impact of Contagion in Global Equity Markets in 1998

González-Hermosillo, Brenda - 2003

August to September 1998 has been characterized as one of the worst episodes of global financial distress in decades. This paper investigates the transmission of the Russian and the LTCM crises through global equity markets using a panel of 14 developing and industrial countries. The results...

Persistent link: https://www.econbiz.de/10014403951

Global Bonding : Do U.S. Bond and Equity Spillovers Dominate Global Financial Markets?

Bayoumi, Tamim - 2012

This paper uses a novel variant of identification through hetroscedacity to estimate spillovers across U.S., Euro area, Japanese, and UK government bond and equity markets in a vector autoregression. The results suggest that U.S. financial shocks reverberate around the world much more strongly...

Persistent link: https://www.econbiz.de/10014395332

Cointegration of International Stock Market Indices

Chou, Ray Yeu-Tien - 1994

In this paper, we derive evidence on the integration of international stock markets from the cointegration properties of international stock market prices. Using the multivariate cointegration test of Johansen, we find that the set of six country stock price indices, including that of the United...

Persistent link: https://www.econbiz.de/10014395829