International integration of equity markets and contagion effects /

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Bibliographic Details
Author / Creator:Cashin, Paul, author.
Imprint:[Washington, D.C.] : International Monetary Fund, Research and Middle Eastern Departments, ©1995.
Description:1 online resource (iv, 47 pages) : illustrations
Language:English
Series:IMF working paper ; WP/95/110
IMF working paper ; WP/95/110.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/14153303
Hidden Bibliographic Details
Other authors / contributors:Kumar, Manmohan S., author.
McDermott, C. John, author.
International Monetary Fund. Research Department, issuing body.
International Monetary Fund. Middle Eastern Department, issuing body.
ISBN:1462339832
9781462339839
1455200085
9781455200085
1282026690
9781282026698
1455240338
9781455240333
9786613796431
6613796433
Notes:Includes bibliographical references (pages 44-47).
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
Summary:Annotation This paper investigates empirically the degree of international integration of industrial and emerging country equity markets. It analyzes two issues: first, the extent to which equity prices have tended to move similarly across countries and regions in the long run; and second, the strength of cross-country contagion effects. the papers findings suggest that both intra-regional and inter-regional linkages across national equity markets have strengthened in recent years. In addition, using impulse response functions, the paper shows that cross-country contagion effects of country-specific shocks dissipate in a matter of weeks while contagion effects of global shocks take several months to unwind themselves.
Other form:Print version: Cashin, Paul. International integration of equity markets and contagion effects. [Washington, D.C.] : International Monetary Fund, Research and Middle Eastern Departments, ©1995

MARC

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260 |a [Washington, D.C.] :  |b International Monetary Fund, Research and Middle Eastern Departments,  |c ©1995. 
300 |a 1 online resource (iv, 47 pages) :  |b illustrations 
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490 1 |a IMF working paper ;  |v WP/95/110 
504 |a Includes bibliographical references (pages 44-47). 
533 |a Electronic reproduction.  |b [Place of publication not identified] :  |c HathiTrust Digital Library,  |d 2010.  |5 MiAaHDL 
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588 0 |a Print version record. 
520 8 |a Annotation  |b This paper investigates empirically the degree of international integration of industrial and emerging country equity markets. It analyzes two issues: first, the extent to which equity prices have tended to move similarly across countries and regions in the long run; and second, the strength of cross-country contagion effects. the papers findings suggest that both intra-regional and inter-regional linkages across national equity markets have strengthened in recent years. In addition, using impulse response functions, the paper shows that cross-country contagion effects of country-specific shocks dissipate in a matter of weeks while contagion effects of global shocks take several months to unwind themselves. 
546 |a English. 
650 0 |a Capital market.  |0 http://id.loc.gov/authorities/subjects/sh85019945 
650 0 |a Stock exchanges.  |0 http://id.loc.gov/authorities/subjects/sh85128191 
650 0 |a International economic relations.  |0 http://id.loc.gov/authorities/subjects/sh85067395 
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650 6 |a Bourse. 
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710 2 |a International Monetary Fund.  |b Research Department,  |e issuing body.  |0 http://id.loc.gov/authorities/names/n77001219 
710 2 |a International Monetary Fund.  |b Middle Eastern Department,  |e issuing body.  |0 http://id.loc.gov/authorities/names/no93027012 
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