We apply the differences‐in‐differences method to study the effect of the European single
market in 1993 and the euro in 1999 on the Feldstein–Horioka equation where countries …

This study analyses the dynamics of integration among global financial markets in the
context of Global Financial Crisis (2008) by employing a Panel Vector Autoregressive (VAR) …

This study explores the empirical validity of the Feldstein-Horioka puzzle for China in the
presence of structural breaks. As such, we employ a recently proposed multiple-break …

The domestic saving and investment correlation as posited by Feldstein and Horioka is
revisited for Turkey and tested over the whole period (1950–2017) and the two subperiods …

Sustainable economic growth is considered a fundamental problem due to the effects that
can be felt on the society as a whole, along with the phenomenon of banking integration that …

We study the impact of different sources of global, regional and local uncertainty on the
seven largest Scandinavian banks over the period 2005–2018. Using a spillover approach …

Most studies assume symmetry between saving and investment changes. They are wrong to
do so. We model the response of investment to positive and negative changes in saving for …

The economic analysis of the process of European integration has received growing
attention in recent years and seems increasingly to have become a separate field in …

We analyze the links between banking integration and economic development for a sample
of OECD countries. We measure banking integration considering indicators that merge not …

Despite the rise of multifactor models emphasizing value and firm size, beta remains the
most explanatory element of the risk premium in most asset pricing models. Designed to …