Product Description
International Financial Integration
A Study of Interest Differentials between the Major Industrial Countries
This study examines the progress made in integrating the financial markets of the major industrial countries.
Richard C. Marston (Author)
9780521599375, Cambridge University Press
Paperback / softback, published 13 April 1997
212 pages
23 x 15.4 x 1.6 cm, 0.307 kg
This study examines the progress made in integrating the financial markets of the major industrial countries: Britain, France, Germany, Japan, and the United States. Professor Marston shows that deregulation and liberalization have succeeded to such an extent that interest rates in any single currency are nearly the same regardless of whether they are offered in national or Eurocurrency markets. Professor Marston also demonstrates that currency denomination remains a barrier to full financial integration in that both nominal and real returns on financial instruments vary widely by currency tied ]
International Financial Integration Marston Paperback Cambridge University Press
International Financial Integration
A Study of Interest Differentials between the Major Industrial Countries
This study examines the progress made in integrating the financial markets of the major industrial countries.
Richard C. Marston (Author)
9780521599375, Cambridge University Press
Paperback / softback, published 13 April 1997
212 pages
23 x 15.4 x 1.6 cm, 0.307 kg
This study examines the progress made in integrating the financial markets of the major industrial countries: Britain, France, Germany, Japan, and the United States. Professor Marston shows that deregulation and liberalization have succeeded to such an extent that interest rates in any single currency are nearly the same regardless of whether they are offered in national or Eurocurrency markets. Professor Marston also demonstrates that currency denomination remains a barrier to full financial integration in that both nominal and real returns on financial instruments vary widely by currency tied ]
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