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This paper analyzes the effects of capital controls and crises on financial integration, using stocks from emerging economies that trade in both domestic and international markets. The cross-market premium (the ratio between the domestic and the international market price of cross-listed stocks)...
Persistent link: https://www.econbiz.de/10003855387
-market premium and putting more downward pressure on domestic prices. "--World Bank web site …
Persistent link: https://www.econbiz.de/10010520989
This paper analyzes the effects of capital controls and crises on international financial integration, using data on stocks from emerging economies that trade in domestic and international markets. The cross-market premium (the ratio between the domestic and international market price of...
Persistent link: https://www.econbiz.de/10012552205
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the world is going from one crisis to another. Thus one must consider not only the economics of crisis but as well a kind …
Persistent link: https://www.econbiz.de/10012985518