It takes the average reader and 59 minutes to read International Integration of Equity Markets and Contagion Effects by Mr.Paul Cashin
Assuming a reading speed of 250 words per minute. Learn more
This paper investigates empirically the degree of international integration of industrial and emerging country equity markets. It analyzes two issues: first, the extent to which equity prices have tended to move similarly across countries and regions in the long run; and second, the strength of cross-country “contagion” effects. The paper’s findings suggest that both intra-regional and inter-regional linkages across national equity markets have strengthened in recent years. In addition, using impulse response functions, the paper shows that cross-country contagion effects of country-specific shocks dissipate in a matter of weeks while contagion effects of global shocks take several months to unwind themselves.
International Integration of Equity Markets and Contagion Effects by Mr.Paul Cashin is 58 pages long, and a total of 14,964 words.
This makes it 20% the length of the average book. It also has 18% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 21 minutes to read International Integration of Equity Markets and Contagion Effects aloud.
International Integration of Equity Markets and Contagion Effects is suitable for students ages 8 and up.
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