Cargando…

European Financial Markets The Effects of European Union Membership on Central and Eastern European Equity Markets /

EU membership involves political and economic reforms which influence financial markets in the new member states. This study empirically explores and quantifies the effects of EU accession on the risk and return of equity markets in eight Central and Eastern European markets joining the EU in 2004....

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Southall, Tony (Autor)
Autor Corporativo: SpringerLink (Online service)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Heidelberg : Physica-Verlag HD : Imprint: Physica, 2008.
Edición:1st ed. 2008.
Colección:Contributions to Economics,
Temas:
Acceso en línea:Texto Completo

MARC

LEADER 00000nam a22000005i 4500
001 978-3-7908-2074-4
003 DE-He213
005 20220116004619.0
007 cr nn 008mamaa
008 100301s2008 gw | s |||| 0|eng d
020 |a 9783790820744  |9 978-3-7908-2074-4 
024 7 |a 10.1007/978-3-7908-2074-4  |2 doi 
050 4 |a HC241-241.25.Z 
072 7 |a KCL  |2 bicssc 
072 7 |a 1QFE  |2 bicssc 
072 7 |a BUS069020  |2 bisacsh 
072 7 |a KCL  |x 1QFE  |2 thema 
082 0 4 |a 337.14  |2 23 
100 1 |a Southall, Tony.  |e author.  |4 aut  |4 http://id.loc.gov/vocabulary/relators/aut 
245 1 0 |a European Financial Markets  |h [electronic resource] :  |b The Effects of European Union Membership on Central and Eastern European Equity Markets /  |c by Tony Southall. 
250 |a 1st ed. 2008. 
264 1 |a Heidelberg :  |b Physica-Verlag HD :  |b Imprint: Physica,  |c 2008. 
300 |a XVIII, 190 p. 39 illus.  |b online resource. 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
347 |a text file  |b PDF  |2 rda 
490 1 |a Contributions to Economics,  |x 2197-7178 
505 0 |a Literature Review -- Definition of Research Questions and Hypotheses -- Methodology -- Review of Empirical Data -- Findings and Discussion -- Conclusions. 
520 |a EU membership involves political and economic reforms which influence financial markets in the new member states. This study empirically explores and quantifies the effects of EU accession on the risk and return of equity markets in eight Central and Eastern European markets joining the EU in 2004. The study also incorporates a review of how the influence of macroeconomic variables and the level of integration with global and European markets change as a result of EU membership. Based on empirical tests using weekly data over ten years, this study concludes that EU membership results in a significant decline in equity market volatility and a significant increase in risk-adjusted, but not absolute, equity returns. Furthermore, the study suggests that equity markets in new EU member states become increasingly influenced by global rather than local macroeconomic factors after the EU accession and that the level of integration with global markets increases. 
650 0 |a Europe-Economic integration. 
650 0 |a International economic relations. 
650 0 |a Regional economics. 
650 0 |a Spatial economics. 
650 0 |a Macroeconomics. 
650 1 4 |a European Economic Integration. 
650 2 4 |a International Economics. 
650 2 4 |a Regional and Spatial Economics. 
650 2 4 |a Macroeconomics and Monetary Economics. 
710 2 |a SpringerLink (Online service) 
773 0 |t Springer Nature eBook 
776 0 8 |i Printed edition:  |z 9783790825657 
776 0 8 |i Printed edition:  |z 9783790823202 
776 0 8 |i Printed edition:  |z 9783790820737 
830 0 |a Contributions to Economics,  |x 2197-7178 
856 4 0 |u https://doi.uam.elogim.com/10.1007/978-3-7908-2074-4  |z Texto Completo 
912 |a ZDB-2-SBE 
912 |a ZDB-2-SXEF 
950 |a Business and Economics (SpringerNature-11643) 
950 |a Economics and Finance (R0) (SpringerNature-43720)