. Recently published scientific studies dealing with this theme were mainly focused on the integration of the new EU members …' stock markets with the eurozone only. Hence, this paper aims to investigate, compare and interpret integration among stock … accomplished via usage of data on daily frequency. Delivered results showed that the degree of integration of Central European …

This paper studies the implications of cross-border financial integration for financial stability when banks' loan … portfolios adjust endogenously. Banks can be subject to sectoral and aggregate domestic shocks. After integration they can share … sharing and greater risk of contagion tend to offset each other and financial integration improves welfare since …