Caporale, Guglielmo Maria; Hadj Amor, Thouraya; Rault, … - Institute for the Study of Labor (IZA) - 2009
The aim of this paper is to provide new empirical evidence on the impact of international financial integration on the …. Several factors, including international financial integration, are shown to drive the long-run RER in emerging countries. It … is found that the new financial environment characterised by international financial integration leads to a depreciation …