At a time of such great turbulence, looking to the future directions of capital markets and their regulation in developed economies is a particularly risky business. We are in the midst of a great sea change.Nevertheless, there are several current, and readily observable, phenomena which are...

In the literature of market efficiency market integration has been always an important dimension of investigation. Several investigations and research paper has been published in the area of assessment of long run and short run market integration for different economies and commodities. This...