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      Behavior of systematic risk in a regionally integrated model for stock prices

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      Author(s)
      Akdogan, H.
      Date
      1992
      Source Title
      Economics Letters
      Print ISSN
      0165-1765
      Volume
      39
      Issue
      2
      Pages
      213 - 216
      Language
      English
      Type
      Article
      Item Usage Stats
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      Abstract
      Regional (EC) capital market integration is examined by monitoring the behavior of systematic risk vis-à-vis a single index time series return generating model. Evidence supports that the EC markets for securities have gradually become more integrated and that the capital controls are important sources of segmentation.
      Permalink
      http://hdl.handle.net/11693/26151
      Published Version (Please cite this version)
      https://doi.org/10.1016/0165-1765(92)90292-7
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      • Department of Economics 724
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