English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Plus monthly

Global: Zendy Tools annual

Global: Zendy Tools monthly

Global: Zendy Free Plan

The aim of this paper is to identify the determinants of international stockmarkets integration. Intuitively we selected a great number of factors linkedto financial integration. Then, we developed an international asset-pricingmodel with time-varying degree of integration. This model is estimated for 30countries (10 developed countries and 20 emerging countries) using panel dataeconometrics. In order to investigate whether the financial integration inemerging markets and that in developed markets react differently to theeconomic and financial innovations, we estimated the model as well jointly forall markets as separately for developed markets and emerging markets. Ourresults show that trade openness exerts a positive effect on financialintegration across all markets, the global factors drive integration indeveloped markets whereas the factors related to economic and politicalstability affect financial integration in emerging markets.

A la Recherche des Facteurs D\'eterminants de l'Int\'egration Internationale des March\'es Boursiers : une Analyse sur Donn\'ees de Panel