EMU and European Stock Market Integration

By Gikas A. Hardouvelis, D. Malliaropulos, Richard Priestley. 2001

491 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/15474c486e738fb125e95b0d31b5e5a6dd61856d

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Citations in the corpus

Dynamic European stock market convergence: Evidence from rolling cointegration analysis in the first euro-decade (2010, methodology): “Whilst Hardouvelis et al. (2006) find full integration among the euro-area stock markets by the end of the 1990s, Morana and Beltratti (2002), Fratzscher (2002), Kim et al. (2005) and Bartram et al. (2007) report more modest evidence in favour of integration around the introduction of the single…”
The relevance of currency risk in the EMU (2003, background): “Hardouvelis, Malliaropulos, and Priestley (2000) provide evidence of increased financial integration among the EMU member countries in the years leading to the adoption of the single currency.”
Characterizing World Market Integration through Time (2007, background): “Since there is a large amount of evidence that prices of risk are time varying (see Harvey (1991), B-H (1995), and De Santis and Gerard (1997)), we specify the price of global and local risk as a function of a set of information variables.”
EMU and European Government Bond Market Integration (2010, unknown): “…93 403 90 82; e-mail: marta.gomezpuig@ub.edu © European Central Bank, 2009 Address Kaiserstrasse 29 60311 Frankfurt am Main, Germany Postal address Postfach 16 03 19 60066 Frankfurt am Main, Germany Telephone +49 69 1344 0 Website http://www.ecb.europa.eu Fax +49 69 1344 6000 All rights reserved.”
The Euro and European Financial Market Dependence (2007, background): “…1988; Frankel, 1992; Lemmen and Eijffinger, 1998), asset pricing models (Ferson and Harvey, 1991; Bekaert and Harvey, 1995; Dumas and Solnik, 1995; Hardouvelis et al., 2001; Bekaert et al., 2002; Bekaert et al., 2005) or price and volatility spillovers or transmission (Eun and Shim, 1989; Kasa,…”
Stock Market Integration and the Global Financial Crisis (2015, background): “…several time-varying measures to capture the dynamics of market integration over the last two decades (see, for example, Bekaert and Harvey, 1995; Hardouvelis et al., 2006; Carrieri et al., 2007; Chambet and Gibson, 2008; Pukthuanthong and Roll, 2009; Bekaert et al., 2011; Arouri et al., 2012),…”
Rethinking financial contagion: Information transmission mechanism during the COVID-19 pandemic (2020, unknown): “Closely related to contagion through macroeconomic fundamentals is the literature on international market integration (Hardouvelis et al., 2006; Kearney and Poti, 2006).”
A spatial analysis of international stock market linkages (2013, background): “Johnson and Soenen (2002, 2003) and Hardouvelis et al. (2006) find negative impacts of inflation differentials on stock market integration among Asian countries and EMU countries, respectively.”
Time-varying integration in European government bond markets (2014, unknown): “For this reason, some studies have allowed integration to vary over time and with events (see Bekaert and Harvey, 1995, or Hardouvelis et al. 2006 among them).”
The European Union, the Euro, and Equity Market Integration (2010, methodology): “, Micco and Stein, 2003; Santos Silva and Tenreyro, 2010) and the effects of the Euro on product and labor markets (see,e.g., Alesina, Ardagna, and Galasso, 2010). Of more interest to us is research focusing on the financial effects of the Euro. Bris, Koskinen, and Nilsson (2008) show that corporate”