At Eward Elgar.
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Edited by Guglielmo Maria Caporale.
Contents:
PART I INTRODUCTION
1 Introduction to the Handbook of Monetary Integration: new analysis
developments 2
Guglielmo Maria Caporale
PART II MEASURING FINANCIAL INTEGRATION
2 Measuring monetary integration: extra information, extra international locations, extra expectations 11 [ungated version]
Menzie D. Chinn and Hiro Ito
3 Investor consideration to information on monetary integration and forex returns 57
Ilias Filippou, My T. Nguyen and Mark P. Taylor
4 Contingent linear monetary networks 74
Bomin Jiang, Roberto Rigobon and Munther A. Dahleh
PART III FINANCIAL INTEGRATION OF STOCKS, BONDS AND
OTHER ASSETS
5 Shocks and world asset market connectedness 108
Marcello Pericoli and Kamil Yilmaz
6 International monetary stress and monetary transmission channels 134
Sandra Eickmeier, Norbert Metiu, Josefine Quast and Sabine Tanneberger
7 The evolving panorama of vitality finance: challenges and alternatives
throughout world uncertainty 172
John W. Goodell and Shaen Corbet
8 US municipal inexperienced bonds and monetary integration 192
Guglielmo Maria Caporale and Nicola Spagnolo
9 Investing by way of Fed regime adjustments within the post-crisis interval 206
Haroldo Daltin and Michael Melvin
10 The affect of buying and selling fragmentation in securities markets 224
Giovanni Cespa
PART IV FINANCIAL INTEGRATION AND THE FOREIGN EXCHANGE
MARKET
11 Modifications in financial and monetary construction and the worldwide integration
of capital markets over the previous century and a half 240
James R. Lothian
12 Monetary integration, institutional high quality, and actual alternate charges: proof
from rising markets 255
Zunaira Aman, Sushanta Mallick and Ilayda Nemlioglu
13 Measuring forex dominance 292
Joscha Beckmann
14 Monetary integration and alternate market strain 312
Kate Phylaktis and Muhammad Aftab
15 Companies, forex hedging, and monetary derivatives 340
Laura Alfaro, Mauricio Calani and Liliana Varela
PART V FINANCIAL INTEGRATION AND THE BANKING SECTOR
16 The monetary integration of banks: a survey 372
Destan Kirimhan and James E. Payne
17 Transatlantic variations in financial institution resilience 388
Thomas Gehrig, Maria Chiara Iannino and Stephan Unger
18 Proactive risk-taking and mortgage efficiency: proof from financial institution holding
firms 417
Iftekhar Hasan, Mingsheng Li, Liuling Liu and Yun Zhu
PART VI EUROPEAN FINANCIAL INTEGRATION
19 Integration or fragmentation? A more in-depth take a look at euro space monetary markets 443
Martin Feldkircher and Karin Klieber
20 European ‘fear’ indices 470
Wolfgang Aussenegg, Lukas Goetz and Ranko Jelic
21 Monetary integration and European tourism shares 495
Guglielmo Maria Caporale, Stavroula Yfanti, Menelaos Karanasos and
Jiaying Wu
22 The European Banking Union: integrating supervisory approaches 539
Franco Fiordelisi and Giulia Scardozzi
23 Monetary integration and financial development in Europe 550
Guglielmo Maria Caporale, Anamaria Diana Sova and Robert Sova
PART VII FINANCIAL INTEGRATION AND POLICY ISSUES
24 The mixing of the monetary system in macroeconometric fashions for
coverage simulation 565
Riccardo Barbieri Hermitte, Carlo A. Favero, Valeria Macauda, Mara Meacci,
Francesco Nucci and Cristian Tegami
25 Cross-border banking, spillovers, and worldwide macroprudential coverage
coordination 584
Pierre-Richard Agénor
26 The central financial institution digital forex dimension in world monetary integration 606
Georgios Chortareas, Eleftheria Kostika and Theodore Pelagidis
Index 643
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