Real Interest Rate Linkages and Capital Market Integration: Evidence from the Americas
| Autor: | Bharat Bhalla, Nikiforos Laopodis, Anand Shetty |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2011 |
| Předmět: | |
| Zdroj: | Global Business and Finance Review, Vol 16, Iss 1, Pp 88-102 (2011) |
| ISSN: | 2384-1648 1088-6931 |
| Popis: | In this paper, we study the long-run co-movement among the real interest rates of the U.S., Canada, and a select group of Latin American countries to assess the extent of financial market integration among these countries during a period of high capital mobility. The findings of the study support a long-run relationship between the short-term U.S. real interest rate and those of Canada and the Latin American countries except Mexico. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|