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Volatility in International Financial Market Issuance: The Role of the Financial Center

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NBER2006-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12587
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资源简介:
We study the pattern of volatility of gross issuance in international capital markets since 1980. We find several short-lived episodes of high volatility. Over the long run, however, volatility has declined, suggesting that international financial integration has not made financial markets more
提供机构:
美国国家经济研究局
创建时间:
2006-10-01
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