Free Delivery Over $100
|
|
|||
|
||||
OverviewThis 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 together in the European Monetary System. The analysis examines returns in the money and bond markets of these countries, investigating whether there are systematic variations in relative returns across markets. Full Product DetailsAuthor: Richard C. Marston (Wharton School, University of Pennsylvania)Publisher: Cambridge University Press Imprint: Cambridge University Press (Virtual Publishing) ISBN: 9781139174305ISBN 10: 1139174304 Publication Date: 05 June 2021 Audience: Professional and scholarly , Professional & Vocational Format: Undefined Publisher's Status: Active Availability: In Print  This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |
||||
