Article ID Journal Published Year Pages File Type
981152 Procedia Economics and Finance 2015 6 Pages PDF
Abstract

This paper investigates the degree of global versus regional financial integration in the Central and Eastern European countries (CEECs’) sovereign bond markets during the period 2000–2015. We examine global and regional integration in the sovereign bond markets in CEECs’ by employing the Johansen cointegration test. Summarizing the results of this empirical study it can be stated that the level of global and regional integration of the CEECs’ sovereign bond markets is very low while the most interrelated are CEECs’ sovereign bond markets and the strongest interrelation of sovereign bond markets is observed among countries those are economic related and within CEECs’ group.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics