The interconnection of stock markets offers valuable insights into the broader dynamics of
global financial markets. This study uses the Diebold and Yilmaz index model to analyze …

This paper investigates the process of banking integration in the EU15 countries and the
Eurozone by testing for convergence in bank efficiency among commercial banks. We use a …

This paper measures fragmentation in the European interbank market. We document that,
during the recent crisis, fragmentation in the interbank market has been, on average, higher …

The Asian financial crisis of 1997~ 1998 was the catalyst for the movement toward regional
cooperation between Asian countries, having triggered the common interests and …

Stock market integration between developing and emerging markets has numerous benefits
for creating a global-yet stable-world economy. It increases competition and the efficiency of …

Since the 1970s, the world economy has witnessed a sharp rise in financial globalization.
This process is only comparable to the period of capital mobility and integrated capital …

The study investigated the impact of regional financial integration on financial development
with specific focus on the SADC protocols on trade and finance and investment. A total of 14 …

Effects of international financial integration on the volatility of the total output and its main
components have been a subject of rigorous academic discussion for decades. Even …

This study examines the early warning indicators of crises and the optimal policies for
mitigating economic crises. Based on meta-analysis of 72 studies, we find that the exchange …

Cluster analysis is used to explore the performance of key macroeconomic variables in
European countries that share the euro, from the inception of the currency in 2002 through to …