The progress of financial market integration in East Asia
The study investigates the progress of financial market integration in selected East Asian countries after the 1997 financial crisis. Adopting Johansen (Econometrica 59:1551–1580, 1991) multivariate cointegration on the region’s credit and stock markets, the study finds only partial cointegration in...
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| Format: | Article |
| Language: | English |
| Published: |
Springer
2011
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| Online Access: | http://psasir.upm.edu.my/id/eprint/22852/1/The%20progress%20of%20financial%20market%20integration%20in%20East%20Asia.pdf http://psasir.upm.edu.my/id/eprint/22852/ |
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