International Financial Integration: A Study of Interest Differentials between the Major Industrial Countries (Japan-US Center UFJ Bank Monographs on International Financial Markets) pdf epub fb2

International Financial Integration: A Study of Interest Differentials between the Major Industrial Countries (Japan-US Center UFJ Bank Monographs on International Financial Markets) by Richard C. Marston pdf epub fb2

International Financial Integration: A Study of Interest Differentials between the Major Industrial Countries (Japan-US Center UFJ Bank Monographs on International Financial Markets) Author: Richard C. Marston
Title: International Financial Integration: A Study of Interest Differentials between the Major Industrial Countries (Japan-US Center UFJ Bank Monographs on International Financial Markets)
ISBN: 0521471001
ISBN13: 978-0521471008
Other Formats: doc lrf docx mobi
Pages: 211 pages
Publisher: Cambridge University Press (June 30, 1995)
Language: English
Category: Business & Money
Size PDF version: 1469 kb
Size EPUB version: 1677 kb
Subcategory: Economics




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. The analysis examines returns in the money and bond markets of these countries, investigating whether there are systematic variations in relative returns across markets.