We provide a comprehensive analysis of the impact of economic and financial globalization on asset return comovements … over the past 35 years. Our globalization indicators draw a distinction between de jure openness that results from changes … different asset classes. Although globalization has trended positively for most of our sample, the global financial crisis and …

We provide a comprehensive analysis of the impact of economic and financial globalization on asset return comovements … over the past 35 years. Our globalization indicators draw a distinction between de jure openness that results from changes … different asset classes. Although globalization has trended positively for most of our sample, the global financial crisis and …

We investigate whether the globalization process of the last thirty years has lead to “convergence” of asset prices in … globalization on the convergence of asset prices, even though we document some links. In particular, financial openness matters …