How Integrated are World Capital Markets? Some New Tests
收藏NBER1986-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2075
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This paper present some new empirical evidence on the extent of world capital-market integration. The first set of tests carried out uses data from different countries to compare internationally expected marginal rates of substitution between consumption on different dates. If residents of different
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美国国家经济研究局创建时间：
1986-11-01
