Comprehensive development & effects of financial integration in India
نویسندگان
چکیده
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During the last decade, significant progress was achieved in terms of policy and institutional reforms in the financial sector in India. A question that needs to be addressed is: how far have these initiatives resulted in narrowing the inter-market divergences and achieved reasonable degree of the market integration? This paper examines this issue empirically and attempts to provide some eviden...
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Fluctuations in GDP are more synchronized internationally than ßuctuations in Consumption, and they remain so even between Þnancially integrated economies, where the ranking should in theory be the reverse. This paper shows that consumption patterns are more correlated between Þnancially integrated economies. Thus the quantity puzzle must arise from the tendency of Þnancially integrated economi...
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ژورنال
عنوان ژورنال: Journal of Management Research and Analysis
سال: 2020
ISSN: 2394-2762,2394-2770
DOI: 10.18231/j.jmra.2020.021