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Integration and Convergence of Financial Markets in the European union

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dc.contributor.author Barot, Bharat
dc.contributor.author Nandakumar, P
dc.contributor.author Wague, Cheick
dc.date.accessioned 2016-05-31T09:48:55Z
dc.date.available 2016-05-31T09:48:55Z
dc.date.issued 2004
dc.identifier.uri http://hdl.handle.net/2259/784
dc.description 1 Professor, Swedish National Institute of Economic Research, Stockholm, Sweden 2 Professor, Indian Institute of Management, Kozhikode 3 Professor, South Stockholm University College, Sweden en_US
dc.description.abstract The extend of Financial integration within the European union is a debated issue, and there is a presumption that some countries have made relatively less progress on this front. In this paper the countries in the union are ranked in terms of the degree of financial integration using various measures, including comprehensive Euler- type tests. A distinction is made between regional and global integration. It is seen that the core EU nations are integrated within the EU. But loosely globally, while the opposite holds true of the united kingdom. Smaller, highly advanced economies such as Sweden are integrated well regionally as well as globally. en_US
dc.language.iso en en_US
dc.publisher Indian Institute of Management Kozhikode en_US
dc.relation.ispartofseries ;IIM/WPS/2004/03
dc.subject Financial markets en_US
dc.subject European union en_US
dc.title Integration and Convergence of Financial Markets in the European union en_US
dc.type Working Paper en_US


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