publication . Article . 2017

Integration of Financial Markets in Post Global Financial Crises and Implications for British Financial Sector: Analysis Based on A Panel VAR Model

Nasir, Muhammad Ali; Du, Min;
Open Access English
  • Published: 29 Mar 2017
  • Publisher: Springer India
  • Country: United Kingdom
Abstract
open access article Abstract This study analyses the dynamics of integration among global financial markets in the context of Global Financial Crisis (2008) by employing a Panel Vector Autoregressive (VAR) model on the monthly data of nine countries and three markets from Jan 2003 to Oct 2015. It was found that there has been a shift in the association among the global financial markets since Global Financial Crisis (GFC). Moreover, the British financial sectors in Post- GFC world clearly showed a change in the association with the global financial sectors. Particularly, the emerging markets including China, Brazil and India showed a comparatively more significa...
Subjects
free text keywords: Dynamics of integration among global financial markets, Panel Vector Autoregressive (VAR) model, Integration of Financial Markets, Financial econometrics, Financial integration, Geography of finance, Economics, Financial intermediary, Financial regulation, Financial market participants, Capital market, Finance, business.industry, business, Market data, Financial system
Related Organizations
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publication . Article . 2017

Integration of Financial Markets in Post Global Financial Crises and Implications for British Financial Sector: Analysis Based on A Panel VAR Model

Nasir, Muhammad Ali; Du, Min;