Role of International Financial Integration on Financial Market Development of Euro Area Countries
نویسندگان
چکیده
منابع مشابه
The Euro and European Financial Market Integration
We use a time-varying copula model to investigate the impact of the introduction of the Euro on the dependence between seventeen European stock markets during the period 1994-2003. The model is implemented with a GJR-GARCH-t model for marginal distributions and the Gaussian copula for the joint distribution, which allows capturing time-varying, non-linear relationships. The results show that wi...
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ژورنال
عنوان ژورنال: International Journal of Science and Management Studies (IJSMS)
سال: 2019
ISSN: 2581-5946
DOI: 10.51386/25815946/ijsms-v2i4p110