Download Full eBooks in PDF
The Integration Of International Capital Markets Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of The Integration Of International Capital Markets book. This book definitely worth reading, it is an incredibly well-written.
Author : Maurice Obstfeld,Alan M. Taylor
Publisher : Cambridge University Press
Page : 386 pages
File Size : 43,5 Mb
Release : 2004
Category : Business & Economics
ISBN : 0521671795
This book is an economic survey of international capital mobility from the late nineteenth century to the present.
Author : Mr.Michael Mussa,Mr.Morris Goldstein
Publisher : International Monetary Fund
Page : 66 pages
File Size : 48,8 Mb
Release : 1993-12-01
Category : Business & Economics
ISBN : 9781451950397
This paper discusses the extent to which national capital markets have become linked, and identifies several of the more important consequences of that increased degree of integration. Alternative approaches to the measurement of capital market integration are reviewed, including deviations from the law of one price, differences between actual and optimally diversified portfolios, correlations between domestic investment and domestic saving, and cross-country links in consumption behavior. Two recent episodes of large-scale international capital flows—namely, the turmoil in the European Monetary System in the fall of 1992, and the surge of capital inflows into Latin America during the last three years—are examined for insights into the workings of today’s global capital market. Finally, the paper offers some concluding remarks on the future development of international capital markets, on exchange rate management, on alternative approaches to living with larger and more influential financial markets, and on the financing of investment in the formerly centrally planned economies.
Author : Haluk Akdogan
Publisher : Unknown
Page : 187 pages
File Size : 51,9 Mb
Release : 1995
Category : Electronic
ISBN : OCLC:902402645
Author : Haluk Akdoğan
Publisher : Edward Elgar Publishing
Page : 214 pages
File Size : 41,8 Mb
Release : 1995
Category : Business & Economics
ISBN : UCSC:32106012148117
The integration of international capital markets is central to the major economic changes taking place throughout the world. This key issue in global finance is analyzed, both theoretically and empirically, in this book.
Author : Michael L. Mussa
Publisher : Unknown
Page : 66 pages
File Size : 43,7 Mb
Release : 2006
Category : Electronic
ISBN : OCLC:1291213122
This paper discusses the extent to which national capital markets have become linked, and identifies several of the more important consequences of that increased degree of integration. Alternative approaches to the measurement of capital market integration are reviewed, including deviations from the law of one price, differences between actual and optimally diversified portfolios, correlations between domestic investment and domestic saving, and cross-country links in consumption behavior. Two recent episodes of large-scale international capital flows--namely, the turmoil in the European Monetary System in the fall of 1992, and the surge of capital inflows into Latin America during the last three years--are examined for insights into the workings of today`s global capital market. Finally, the paper offers some concluding remarks on the future development of international capital markets, on exchange rate management, on alternative approaches to living with larger and more influential financial markets, and on the financing of investment in the formerly centrally planned economies.
Author : Mr.Tamim Bayoumi,Mr.Ronald MacDonald
Publisher : International Monetary Fund
Page : 26 pages
File Size : 55,5 Mb
Release : 1994-10-01
Category : Business & Economics
ISBN : 9781451939699
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.
Author : Larry Neal
Publisher : Cambridge University Press
Page : 294 pages
File Size : 53,5 Mb
Release : 1993-11-26
Category : Business & Economics
ISBN : 0521457386
Based on computer analysis of price quotes from the eighteenth-century financial press, this work reevaluates the evolution of financial markets.
Author : Maurice Obstfeld,Alan M. Taylor
Publisher : Cambridge University Press
Page : 382 pages
File Size : 54,9 Mb
Release : 2004-02-19
Category : Business & Economics
ISBN : 0521633176
Publisher Description
Author : E. Dorodnykh
Publisher : Springer
Page : 103 pages
File Size : 51,7 Mb
Release : 2013-11-04
Category : Business & Economics
ISBN : 9781137381705
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 : Charles P. Kindleberger
Publisher : Cambridge University Press
Page : 116 pages
File Size : 54,6 Mb
Release : 1988-06-24
Category : Business & Economics
ISBN : 0521369843
First published in 1988, this study of international capital movements looks at their historical role in the financing of trade and their dramatically increased role in the world economy in recent years. It examines the current economic theory and the policy implications of these changes. Beginning with an analysis of the balance of payments, the authors goes on to discuss international short-term and long-term capital movements, both historically and with reference to current events. A further chapter deals with financial deregulation and the progression during the last few years towards the integration of international capital markets. The author looks forward to two possible futures for international finance: a gradual federalisation of macro-economic behaviour on a world basis, or a move towards self-reliance and autarky. The book is based on the author's Marshall Lectures, given in the University of Cambridge. It will be of interest to those studying international and financial economies, graduate students and those involved in the formulation of policy.
Author : Mr.Gian Milesi-Ferretti,Mr.Philip R. Lane
Publisher : International Monetary Fund
Page : 46 pages
File Size : 40,8 Mb
Release : 2003-04-01
Category : Business & Economics
ISBN : 9781451850901
In recent decades, the foreign assets and liabilities of advanced economies have grown rapidly relative to GDP, with the increase in gross cross-holdings far exceeding changes in the size of net positions. Moreover, the portfolio equity and FDI categories have grown in importance relative to international debt stocks. This paper describes the broad trends in international financial integration for a sample of industrial countries and seeks to explain the cross-country and time-series variation in the size of international balance sheets. It also examines the behavior of the rates of return on foreign assets and liabilities, relating them to "market" returns.
Author : Lars Oxelheim
Publisher : Springer Science & Business Media
Page : 404 pages
File Size : 42,5 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642612930
There is widespread agreement in the current social and economic debate that the nations of the world are becoming increasingly integrated. Many structural signs in society also suggest that this is so. Integration has become a catchword in the prepara tions for the internal market of the EC, and a keynote in the debate about association for the European countries which do not belong to the Community. But when we turn to the question of how this integration should be measured, there is very little con sensus. Instead there are numerous problems, not only about how to measure integra tion but even about how to define it. In this book I shall discuss the import and implications of a particular type of integration, namely financial integration, and then look at the most important problems connected with measuring it. In the empirical investigation reported below I felt the need for an integrated micro-macro approach. Further, I decided to illustrate the measurement problems by studying a small and relatively open economy where exchange controls have been imposed by the government in an attempt to reduce the flow of interest-sensitive capital out of the country, and thus to acquire autonomy for the national monetary policy. An interview study has been carried out with a view to illustrating among other things how expectations are formed among the major actors on the financial market, and this provided additional input for an analysis of the level of financial integration.
Author : John Eatwell,Lance Taylor
Publisher : Oxford University Press
Page : 493 pages
File Size : 53,9 Mb
Release : 2002-04-18
Category : Business & Economics
ISBN : 9780195349016
These papers provide a cutting-edge overview of general issues regarding world capital markets, experience in developing countries, and capital market regulation, which many economists believe could turn into the number one topic in international business and economics.
Author : Gregor Irwin,David Vines
Publisher : Edward Elgar Publishing
Page : 528 pages
File Size : 44,8 Mb
Release : 2001
Category : Business & Economics
ISBN : UCSD:31822031418361
Although widespread capital market liberalization has resulted in a surge in international capital flows and a more integrated world financial system, the volatility of capital flows has also increased, calling stability into question. This book assesses international capital market behaviour. In particular, the origins of the East Asia and the Latin American crises, and the lessons that can be drawn from these, are examined.
Author : Anonim
Publisher : Unknown
Page : 354 pages
File Size : 55,6 Mb
Release : 2004
Category : Capital market
ISBN : 0511185375
This volume presents an economic survey of international capital mobility from the late nineteenth century to the present. The authors examine the theory and empirical evidence surrounding the fall and rise of integration in the world market.
