Behavior of systematic risk in a regionally integrated model for stock prices
Date
1992
Authors
Akdogan, H.
Editor(s)
Advisor
Supervisor
Co-Advisor
Co-Supervisor
Instructor
Source Title
Economics Letters
Print ISSN
0165-1765
Electronic ISSN
Publisher
Volume
39
Issue
2
Pages
213 - 216
Language
English
Type
Journal Title
Journal ISSN
Volume Title
Series
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.