Integration and Convergence of Financial Markets in the European union

dc.contributor.author	Barot, Bharat
dc.contributor.author	Nandakumar, P
dc.contributor.author	Wague, Cheick
dc.date.accessioned	2016-05-31T09:48:55Z
dc.date.available	2016-05-31T09:48:55Z
dc.date.issued	2004
dc.identifier.uri	http://hdl.handle.net/2259/784
dc.description	1 Professor, Swedish National Institute of Economic Research, Stockholm, Sweden 2 Professor, Indian Institute of Management, Kozhikode 3 Professor, South Stockholm University College, Sweden	en_US
dc.description.abstract	The extend of Financial integration within the European union is a debated issue, and there is a presumption that some countries have made relatively less progress on this front. In this paper the countries in the union are ranked in terms of the degree of financial integration using various measures, including comprehensive Euler- type tests. A distinction is made between regional and global integration. It is seen that the core EU nations are integrated within the EU. But loosely globally, while the opposite holds true of the united kingdom. Smaller, highly advanced economies such as Sweden are integrated well regionally as well as globally.	en_US
dc.language.iso	en	en_US
dc.publisher	Indian Institute of Management Kozhikode	en_US
dc.relation.ispartofseries	;IIM/WPS/2004/03
dc.subject	Financial markets	en_US
dc.subject	European union	en_US
dc.title	Integration and Convergence of Financial Markets in the European union	en_US
dc.type	Working Paper	en_US