Global Stocks Empirical Market Integration Study

Author : Arl Suloch
Publisher : Unknown
Page : 0 pages
File Size : 42,6 Mb
Release : 2023-11-16
Category : Electronic
ISBN : 4457592269

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Global Stocks Empirical Market Integration Study by Arl Suloch Pdf

"GlobalStocks: Empirical Market Integration Study" is a comprehensive analysis of the behavior of stock markets across the world, and the degree to which they are integrated. The author is an experienced financial analyst and researcher who has worked extensively on the topics of financial markets, portfolio management, and risk assessment. In this book, author provides a detailed examination of the factors that influence the behavior of stock markets, such as macroeconomic indicators, political events, and investor sentiment. She also investigates the degree to which global stock markets are integrated, analyzing the correlations and spillover effects between different markets. The book includes an in-depth analysis of several key stock markets, including those in the United States, Europe, and Asia. Also, provides practical guidance on how investors and traders can use this information to make informed decisions about their portfolios. The book also covers advanced topics such as algorithmic trading, high-frequency trading, and the impact of technology on financial markets. Author explains these topics in a clear and concise manner, making them accessible to readers with a range of backgrounds and experience levels. Overall, "GlobalStocks: Empirical Market Integration Study" is an essential resource for anyone interested in understanding the behavior of global stock markets. It provides a comprehensive overview of the key factors that drive market movements and offers practical guidance on how to use this information to make better investment decisions.

Author : Sabur Mollah,Asma Mobarek
Publisher : Springer
Page : 162 pages
File Size : 41,5 Mb
Release : 2016-02-10
Category : Business & Economics
ISBN : 9781137367549

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Global Stock Market Integration by Sabur Mollah,Asma Mobarek Pdf

Stock market integration between developing and emerging markets has numerous benefits for creating a global - yet stable - world economy. It increases competition and the efficiency of local markets, in turn reducing price volatility and the cost of capital among integrated markets. It also generates capital flows, which enhance financial stability and spur economic growth. At its core, stock market integration has an important role to play in both developing and emerging markets still reeling from the global financial crisis. Global Stock Market Integration analyzes the financial makeup of developing and emerging markets around the world, providing empirical insights into market integration, co-movements in price, crises, and efficiency linkages. Mobarek and Mollah argue that the relationship between market integration and market efficiency within developing and emerging countries is not the only measure necessary for effecting real financial growth. This work brings the review of theories and empirical research on the topic up-to-date and expands the existing literature with new perspectives on developed and emerging markets.

Author : Maurice Obstfeld,Alan M. Taylor
Publisher : Cambridge University Press
Page : 386 pages
File Size : 40,6 Mb
Release : 2004
Category : Business & Economics
ISBN : 0521671795

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Global Capital Markets by Maurice Obstfeld,Alan M. Taylor Pdf

This book is an economic survey of international capital mobility from the late nineteenth century to the present.

Author : Robert A. Korajczyk
Publisher : World Bank Publications
Page : 48 pages
File Size : 46,7 Mb
Release : 1995
Category : Aktiemarkeder
ISBN : 8210379456XXX

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A Measure of Stock Market Integration for Developed and Emerging Markets by Robert A. Korajczyk Pdf

Author : E. Dorodnykh
Publisher : Springer
Page : 156 pages
File Size : 52,8 Mb
Release : 2015-12-11
Category : Business & Economics
ISBN : 9781137381705

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Stock Market Integration by E. Dorodnykh Pdf

This book provides an original approach to the determinants of stock exchange integration. With case studies of successful integration projects in Europe, North America, Latin America as well as intercontinental cross-border mergers, it provides a complete analysis of all existing integration projects between stock exchange markets.

Author : Sabur Mollah,Asma Mobarek
Publisher : Palgrave Macmillan
Page : 162 pages
File Size : 50,8 Mb
Release : 2014-01-14
Category : Business & Economics
ISBN : 134956205X

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Global Stock Market Integration by Sabur Mollah,Asma Mobarek Pdf

The book covers an in-depth critical analysis of existing literature and empirically investigates and presents a detailed comparison between developed and emerging markets in terms of integration, efficiency, and causality during crisis.

Author : Mohamed El Hedi Arouri,Fredj Jawadi,Duc Khuong Nguyen
Publisher : Springer Science & Business Media
Page : 214 pages
File Size : 45,9 Mb
Release : 2009-12-24
Category : Business & Economics
ISBN : 9783790823899

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The Dynamics of Emerging Stock Markets by Mohamed El Hedi Arouri,Fredj Jawadi,Duc Khuong Nguyen Pdf

Emerging markets have received a particular attention of academic researchers and practitioners since they decided to open their domestic capital markets to foreign participants about three decades ago. At the same time, we remark that theoretical and empirical research in emerging stock markets has been particularly challenged by their fast changes in nature and size under the effects of financial liberalization and reforms. This evolving feature has particularly led to a commensurate increase in sophistication of modeling techniques used for understanding financial markets. In this spirit, the book aims at providing the audience a comprehensive understanding of emerging stock markets in various aspects using modern financial econometric methods. It addresses the empirical techniques needed by economic agents to analyze the dynamics of these markets and illustrates how they can be applied to the actual data. On the other hand, it presents and discusses new research findings and their implications.

Author : Arul Sulochanay
Publisher : Arul Sulochana Y
Page : 0 pages
File Size : 44,6 Mb
Release : 2022-11-11
Category : Electronic
ISBN : 9056739379

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STOCK MARKET BEHAVIOR AND INTEGRATION AMONG GLOBAL STOCK MARKETS - AN EMPIRICAL INVESTIGATION by Arul Sulochanay Pdf

Investors and researchers have been paying more attention to the emerging stock markets performance. Analysing stock market behaviour and stock market efficiency is important for investors because it allows the investors to understand the stock market behaviour better and consequently make more sensible choices. The investors can make above average profits through investments in different markets by taking advantage of any abnormalities when they occur.

Author : Dariusz Wójcik
Publisher : OUP Oxford
Page : 224 pages
File Size : 41,9 Mb
Release : 2011-05-26
Category : Business & Economics
ISBN : 9780191618772

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The Global Stock Market by Dariusz Wójcik Pdf

Why do some companies stay out of stock markets? How crucial are stock markets for competition between financial centres? How can local information help investors outperform the market? Whilst mainstream financial economics treats stock markets as consisting of anonymous actors interacting in space, with no consideration of the friction caused by distance or geography, this book offers a comprehensive and up-to-date picture of the global stock market by focusing on the relationships between issuers, investors, and intermediaries, and how these relationships impact on the performance of stock markets and the economy of cities, countries, and the world. The book uses rich data and global case studies to examine the rise of emerging markets, the impact of the global financial crisis, the revolution in the stock exchange business model, and the continued dominance of London and New York as stock market centres. Drawing on economic geography, financial economics, sociology, history, and globalization studies, the book explores the geographical constitution and footprint of stock markets and contributes to the broader debate on the role of stock markets in the global economy. Its conclusions are relevant to investors, companies issuing stocks, exchanges, analysts, investment banks, and policy-makers.

Author : S. Motamen-Samadian
Publisher : Springer
Page : 123 pages
File Size : 46,6 Mb
Release : 2006-04-12
Category : Business & Economics
ISBN : 9780230599338

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Global Stock Markets and Portfolio Management by S. Motamen-Samadian Pdf

This book presents the latest empirical findings on stock markets in a number of emerging markets. The authors employ the latest techniques and provide valuable insights into each market, highlighting global integration, their potential for profitable investments and features that will be influential in global portfolio decision-making.

Author : Robin Brooks,Marco Del Negro
Publisher : International Monetary Fund
Page : 44 pages
File Size : 44,7 Mb
Release : 2002-09
Category : Business & Economics
ISBN : UCSD:31822032146896

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The Rise in Comovement Across National Stock Markets by Robin Brooks,Marco Del Negro Pdf

The degree of comovement across national stock markets has increased dramatically since the mid-1990s. This has overturned a stylized fact in the international portfolio diversification literature that diversifying across countries is more effective for risk reduction than diversifying across industries. We investigate if this rise in comovement is a permanent phenomenon driven by greater economic and financial integration, or a temporary effect associated with the recent stock market bubble. At the global level, our results point to the bubble. At a regional level, we find evidence of a significant rise in market integration within Europe, possibly a reflection of institutional changes such as the EMU.

Author : Ross Levine,Sara Zervos,Banco Mundial
Publisher : World Bank Publications
Page : 32 pages
File Size : 55,8 Mb
Release : 1996
Category : Aumentoa de la produccion
ISBN : 9786101919151

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stock market development and long run growth by Ross Levine,Sara Zervos,Banco Mundial Pdf

Author : Robin Brooks,Marco Del Negro
Publisher : International Monetary Fund
Page : 36 pages
File Size : 51,7 Mb
Release : 2002
Category : Capital market
ISBN : UCSD:31822032177206

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International Stock Returns and Market Integration by Robin Brooks,Marco Del Negro Pdf

Author : A. Robert Korajczyk
Publisher : Unknown
Page : 128 pages
File Size : 55,8 Mb
Release : 1999
Category : Electronic
ISBN : OCLC:1088957628

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A Measure of Stock Market Integration for Developed and Emerging Markets by A. Robert Korajczyk Pdf

June 1995 Along several dimensions, a measure of the financial integration of equity markets yields results consistent with prior assumptions about the relationship between effective integration, explicit capital controls, capital market development, and economic growth. If equity markets are financially integrated, the price of risk should be the same across markets. If the markets are not financially integrated--possibly because of barriers to capital flows across markets--the price of risk may differ across markets. Korajczyk investigates one measure of financial integration between equity markets. He uses a multifactor equilibrium Arbitrage Pricing Theory to define risk and to measure deviations from the law of one price. He applies the integration measure to equities traded in 24 countries (four developed, and 20 emerging). The measure of market segmentation tends to be much larger for emerging markets than for developed markets, which is consistent with larger barriers to capital flows into or out of the emerging markets. The measure tends to decrease over time, which is consistent with growing levels of integration. Large values of adjusted mispricing occur around periods of economic turbulence and periods in which capital controls change significantly. So, the adjusted mispricing estimates measure not only the level of deviation from the law of one price, but also the revaluations inherent in moving from one regime to another. This paper--a product of the Finance and Private Sector Development Division, Policy Research Department--is part of a larger effort in the department to study stock market development. The study was funded by the Bank's Research Support Budget under the research project Stock Market Development and Financial Intermediary Growth (RPO 678-37).

Author : Chee Wooi Hooy
Publisher : Unknown
Page : 132 pages
File Size : 48,5 Mb
Release : 2010
Category : International economic integration
ISBN : UCSD:31822036829570

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Stock Market Integration and the Pricing for Regionalism by Chee Wooi Hooy Pdf