Articoli correlati a International Financial Integration: A Study of Interest...

International Financial Integration: A Study of Interest Differentials between the Major Industrial Countries - Rilegato

Marston, Richard C.

 
9780521471008: International Financial Integration: A Study of Interest Differentials between the Major Industrial Countries

Sinossi

This study examines the progress made in integrating the financial markets of the major industrial countries.

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Descrizione del libro

This study examines the progress made in integrating the financial markets of the major industrial countries. Professor Marston shows that deregulation and liberalization have succeeded to such an extent that interest rates in any single currency are nearly the same.

Contenuti

Preface; 1. Determinants of interest differentials: an introduction; 2. The deregulation of national markets; 3. Liberalization of national capital controls; 4. Nominal interest differentials; 5. Exchange rates and interest rates in the European monetary system; 6. Real interest differentials; 7. Progress towards international financial integration.

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