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Measuring Financial Integration: More Data, More Countries, More Expectations

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NBER2023-07-01 更新2025-01-04 收录
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We assess market mediated financial integration over the last fifty years. We first systematically lay out several definitions of financial integration, and then review the evidence regarding whether covered interest parity, uncovered interest parity, and real interest parity hold across industrial

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2023-07-01
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