Article ID Journal Published Year Pages File Type
5092474 Journal of Comparative Economics 2012 15 Pages PDF
Abstract
► The paper examines β- and σ-convergence of the most important financial instruments. ► The analysis is conducted on two panels of OECD countries. ► Strong evidence supports the existence of convergence of shares and insurance products. ► Weaker results are obtained for debt securities and deposits.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Do financial systems converge? New evidence from financial assets in OECD countries
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