Economic integration and financial stability : a European perspective /

This paper assesses changes in synchronization of real activity and financial market integration in Western Europe and evaluates their implications for financial stability. We find increased synchronization of real activity since the early 1980s and increased equity markets integration since the ear...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: De Nicoló, Gianni (Autor), Tieman, Alexander F. (Autor)
Autor Corporativo: International Monetary Fund
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, 2006.
Colección:IMF working paper ; WP/06/296.
Temas:
Fiscal policy > Europe > Econometric models.
Finance > Europe > Econometric models.
Politique fiscale > Europe > Modèles économétriques.
Finances > Europe > Modèles économétriques.
Economic history
Finance > Econometric models
Fiscal policy > Econometric models
International economic integration > Econometric models
Europe > Economic integration > Econometric models.
Europe > Economic conditions > Econometric models.
Europe > Intégration économique > Modèles économétriques.
Europe > Conditions économiques > Modèles économétriques.
Europe
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Economic Integration and Financial Stability: A European Perspective
  • Contents
  • I. INTRODUCTION
  • II. SYNCHRONIZATION OF REAL ACTIVITY
  • III. EQUITY MARKETS INTEGRATION
  • IV. SYSTEMIC RISK AND INTEGRATION
  • V. CONCLUSION
  • Table 1. EGARCH Estimates for the Common Components of IPG
  • Table 2. EGARCH Estimates for Cross-Country Variances of IPG and De-Trended IPG
  • Table 3. Country-by-Country EGARCH Estimates for IPG
  • Table 4. Dependent Variables: Cross-Country Variance of IEDFs and Country IEDFs
  • ""Table 5. Dependent Variables: Cross-Country Variance of Portfoliosâ€? DDs""""Table 6. Dependent Variable: Banks DDs Changes""; ""Table 7. Dependent Variable: Insurance DDs Changes""; ""Appendix Table 1. Banks and Insurance Companies""; ""REFERENCES""

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