A Decomposition of Global Linkages in Financial Markets Over Time

This paper tests if real and financial linkages between countries can explain why movements in the world's largest markets often have such large effects on other financial markets, and how these cross-market linkages have changed o...

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Bibliographic Details
Main Authors: Forbes, Kristen, Chinn, Menzie David
Format: Working Paper
Language:en_US
Published: 2003
Subjects:
Online Access:http://hdl.handle.net/1721.1/1837