publication . Research . Article . 2013

How European Unification Has Shaped the Debate on Measuring International Financial Integration

Mary Pieterse-Bloem; Sylvester C. W. Eijffinger;
Open Access English
  • Published: 06 Feb 2013
  • Country: Netherlands
Abstract
textabstractIn this paper we analyse a chronicle of economic theory on international financial integration post-WWII to the present date. Our focus is on theories that have somehow quantify the state and speed of international financial integration. We are able to contrast and compare three distinct strands that have brought forward conditions for its measurement. It is shown that European unification provides much of the empirical testing ground for these measures of international financial integration from the late 1980s. It is also shown that European unification in its more progressed and recent state of Economic and Monetary Union (EMU) has reinvigorated th...
Subjects
free text keywords: international financial integration, European unification, International finance, Financial market, Financial integration, Unification, Economics, International economics, Empirical research, Economic and monetary union
Powered by OpenAIRE Open Research Graph
Any information missing or wrong?Report an Issue
publication . Research . Article . 2013

How European Unification Has Shaped the Debate on Measuring International Financial Integration

Mary Pieterse-Bloem; Sylvester C. W. Eijffinger;