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Stock market integration in the Latin American markets: further evidence from nonlinear modeling
Stock market integration Latin American marketsp nonlinear modeling
2010/11/1
This article studies the financial integration between the six main Latin American markets and the US market in a nonlinear framework. Using the threshold cointegration techniques of Hansen and Seo (2...
Liquidity and Issue Costs in the Eurobond Market: The Effects of Market Integration
Liquidity Issue Costs Eurobond Market Market Integration
2014/6/26
We investigate and compare the issuance costs of Eurobonds before and after the completion of the Economic and MonetaryUnion (EMU) in 2002, and find that the
introduction of the euro has significant...