Emerging Markets Finance

By Geert Bekaert, Campbell R. Harvey. 2003

721 citations recorded by the source corpus.

Subfields: Finance

View Paper: https://www.semanticscholar.org/paper/ed815aa41e053bc082c95cab3b0f5e880abe6823

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Citations in the corpus

Stock market synchronization and monetary integration (2011, background): “Moreover, Bekaert and Harvey (2003) have noted that the announcement of financial liberalization may not coincide with the completion of its implementation, so that international capital flows will start rising some time after the announcement of the liberalization.”
Evolution of international stock and bond market integration: Influence of the European Monetary Union (2006, neutral): “There is existing support for the notion that market integration influences the conditional asset return generating process (see Bekaert and Harvey, 2003).”
Monetary Policy in Emerging Markets (2010, background): “The literature is surveyed by Bekaert and Harvey (2003).”
Finance, Financial Sector Policies, and Long-Run Growth (2008, background): “10 Note that studies suggest volatility tends to decrease in the long run, with more integrated markets having lower volatility due to better diversification and development of the financial sector (Bekaert and Harvey, 2003).”
Liberalisation and stock market co-movement between emerging economies (2011, methodology): “Column (1) uses the measure of financial liberalization of Bekaert and Harvey (2003) while columns (2) and (3) use the two measures built by Edison and Warnock (2003).”
The Cross-Section of Stock Returns in Frontier Emerging Markets (2012, positive): “We then form investment porfolios on the most and least 22 See Bekaert and Harvey (2003) for an overview on integration and liberalization measures for emerging markets.”
Divergence of Sentiment and Stock Market Trading (2017, positive): “This importance is likely to depend on the level of market integration, as countries have different levels of market integration (e.g., Bekaert and Harvey, 2003; Lane and Milesi-Ferretti, 2007).”
Stock market development and internationalization: Do economic fundamentals spur both similarly? (2006, background): “We also control for the extent of financial openness as that has been found to affect local stock market development (Bekaert and Harvey, 2000, 2003; Edison and Warnock, 2003a; Henry, 2000; Kim and Singal, 2000; Levine and Zervos, 1998).”
International trade and financial integration: a weighted network analysis (2010, background): “For instance Bekaert and Harvey (2003) suggest that integration occurs only when ‘assets of identical risk command the same expected return irrespective of their domicile’ (p. 4).”
Size, value, and momentum in emerging market stock returns (2013, positive): “Bekaert and Harvey (2002, 2003) provide an extensive survey of the emerging markets finance literature, including the literature on integration.”
Stock Market Integration and the Global Financial Crisis (2015, methodology): “The use of a different measure from, for example, Carrieri et al. (2007) and Bekaert et al.”
Government Bonds and Their Investors: What are the Facts and Do They Matter? (2012, neutral): “See Papaioannou et al. (2006) and Borio et al. (2008).”
Global Private Information in International Equity Markets (2009, neutral): “In contrast, the on going process of liberalization of equity markets in developing countries leads to capital flows that are mostly driven by changing risk-sharing opportunities or declining transactions costs (e.g., Stulz, 1999; Bekaert and Harvey, 2003).”