You might also like

More about International Financial Integration

• Book details
• Synopsis
• Trending among others

You get 107 loyalty points

Book synopsis

This study examines the progress made in integrating the financial markets of the major industrial countries: Britain, France, Germany, Japan, and the United States. Professor Marston shows that deregulation and liberalization have succeeded to such an extent that interest rates in any single currency are nearly the same regardless of whether they are offered in national or Eurocurrency markets. Professor Marston also demonstrates that currency denomination remains a barrier to full financial integration in that both nominal and real returns on financial instruments vary widely by currency tied together in the European Monetary System. The analysis examines returns in the money and bond markets of these countries, investigating whether there are systematic variations in relative returns across markets.

Book details

Book category Books in English Economics, finance, business & management Economics International economics

• Full title: International Financial Integration
• Subtitle: A Study of Interest Differentials between the Major Industrial Countries
• Author: Richard C. Marston
• Language: English
• Binding: Paperback
• Number of pages: 212
• EAN: 9780521599375
• ISBN: 0521599377
• ID: 02036948
• Publisher: Cambridge University Press
• Weight: 307 g
• Dimensions: 230 × 154 × 16 mm
• Date of publishing: 13. April 1997

Trending among others

---

---

---