Kose, M. Ayhan; Prasad, Eswar; Rogoff, Kenneth; Wei, … - Institut zur Zukunft der Arbeit <Bonn> - 2009
flows appear to be the best available
measure of a country’s de facto integration with global financial markets.
6
Should …’s
integration into global financial markets and, for many empirical applications, this measure is
more suitable.
II.2. Evolution … different country groups into global
financial markets, calculated as the sum of gross international financial assets and …