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The indicators of international financial integration: A set of convergent measures (In French)

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Author Info
Bertrand BLANCHETON (CMHE-IFReDE-GRES)
Samuel MAVEYRAUD-TRICOIRE (Université Bordeaux IV)

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Abstract

In this article, we propose to evaluate the robustness of the main indicators of international financial integration by indicating their principal results as well as their limits. Empirical studies, whatever the indicator of integration which is chosen, conclude that the recent period is characterized by a very deep integration of capital markets, without any historical equivalence.

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Paper provided by Groupement de Recherches Economiques et Sociales in its series Cahiers du GRES with number 2006-13.

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Date of creation: 2006
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Handle: RePEc:grs:wpegrs:2006-13

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Keywords: Integration; capital market; financial history;

Find related papers by JEL classification:
F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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