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International Financial Integration

Name: International Financial Integration
Brand: Edward Elgar Publishing Ltd
SKU: 04848982
Price: 709.99 EUR
Availability: InStock
Author: Sylvester Eijffinger
ISBN: 9781840643831

Sylvester Eijffinger

Jan J.g. Lemmen

Lingua

Inglese

Libro Rigido

Codice Libristo: 04848982

Casa editrice Edward Elgar Publishing Ltd, gennaio 2003

The degree of international financial integration achieved by capital flow remains a matter of debat... Descrizione completa

Codice Libristo: 04848982

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709.99 €

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The degree of international financial integration achieved by capital flow remains a matter of debate. Furthermore, it evolves over time as markets become more and less integrated. Policymakers want to have a precise knowledge of the extent and direction of international capital flows because such flows influence the incentives for tax evasion, international redistribution and the vulnerability of the economy to external shocks. These volumes bring together a selection of classic and contemporary readings on international financial integration. First, there is a review of the literature on measuring cross-border capital mobility followed by formal tests of the degree of international financial integration. Second there is an examination of what factors acutally determine the extent of cross-border capital mobility, and hence international financial integration.