The degree of financial integration in the European community

Autor:	Sylvester Eijffinger, Jan Lemmen
Rok vydání:	1993
Předmět:	Macroeconomics Economics and Econometrics Money market Empirical research Financial capital Economics Member state Financial integration Capital market Capital formation Public finance
Zdroj:	De Economist. 141:189-213
ISSN:	1572-9982 0013-063X
DOI:	10.1007/bf01717380
Popis:	Firstly, this study discusses four different definitions of international capital mobility. Furthermore, a theoretical and empirical analysis of the quantity and the price approach to financial integration is given. The empirical analysis is confined to the member states of the European Community. With regard to the price approach a distinction is made between integration of money markets and that of capital markets. Finally, the study draws some general conclusions based on the empirical research.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::23db2147f35e53e29e9040d904306e49 https://doi.org/10.1007/bf01717380 Zobrazit plný text záznamu Plný text ve formátu PDF