integration …

Ongoing international financial integration has greatly increased foreign asset holdings across countries, enhancing … claims to firm profits in a production economy. For a given level of international financial integration (measured by the … goods, and the persistence of shocks. Finally, moving from less to more international financial integration, risk sharing …

capital markets have become more integrated. In this paper, I ask what this integration and its resulting higher correlation …

of financial integration or interrelatedness, asking how Asia compares with Europe and Latin America and with the base … head and shoulders above other regions in terms of financial integration. More interesting is that Asia already seems to …

effect of spillovers on research productivity of firms exceeds the structural effect because it includes an active learning … expenditures and internal research expenditures. The findings are consistent with the view that learning expenditures transmit the …