Johansson, Anders - In: Journal of Chinese Economic and Business Studies 8 (2010) 3, pp. 293-314
It is commonly argued that China's financial markets are effectively insulated from the rest of the world. To see if … this is true, and to better understand China's financial development, we analyse China's integration with major financial … markets. Using conditional copulas, we show that China has experienced an increasing level of integration with several major …