EIB Working Paper 2022/15 : Estimating financial integration in Europe

EIB Working Paper 2022/15 Estimating financial integration in Europe

"Financial integration, broadly defined as the intensity of cross-border linkages between financial markets, has the potential to channel capital to where it is most productive, bringing many benefits. However, some financial integration is cyclical, increasing economic upswings and declining d...

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Detalles Bibliográficos
Autor principal: European Investment Bank (author)
Autor Corporativo: European Investment Bank, author, issuing body (author)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Luxembourg : European Investment Bank 2022.
Materias:
Great courses (Compact disc). > Business & economics.
Economics.
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009720366206719
Tabla de Contenidos:
  • 1 Introduction
  • 2 Econometric setup and data
  • 2.1 Econometric framework
  • 2.2 Main dataset
  • 2.3 Auxiliary dataset
  • 3 Business Cycle and Financial Integration
  • 3.1 The estimated indicator
  • 3.2 The identification strategy
  • 4 Estimation results
  • 4.1 Impulse response function analysis
  • 4.2 Counterfactual analysis and structural reforms
  • 5 Conclusions
  • Appendix: Data series
  • References.

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