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Author: | Buch, C. Pierdzioch, C. |
Title: | Wachstum und Volatilitaet internationaler Kapitalstroeme |
Journal: | Weltwirtschaft
2000 : 4, p. 390-409 |
Index terms: | GLOBALIZATION FINANCIAL MARKETS POLICY MAKING |
Language: | eng |
Abstract: | The globalization of financial markets has become a buzzword for economists and policy makers alike. Quantifying the degree of financial globalization and explaining the limited degree of integration found by some concepts, however, has remained a challenge. This paper reviews traditional measurers of global capital market integration and argues that no single concept comprehensively assesses the degree of international financial integration. |
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