Search Results - subject:"threshold conditions"

Thresholds in the process of international financial integration

Kose, M. Ayhan; Prasad, Eswar S.; Taylor, Ashley D. - 2009

unified empirical framework for characterizing such threshold conditions. We find that there are clearly identifiable … improves significantly once these threshold conditions are satisfied. We also find that the thresholds are lower for foreign …

Persistent link: https://www.econbiz.de/10010269032

Thresholds in the Process of International Financial Integration

Kose, M. Ayhan; Prasad, Eswar; Taylor, Ashley D. - Institute for the Study of Labor (IZA) - 2009

develop a unified empirical framework for characterizing such threshold conditions. We find that there are clearly … openness improves significantly once these threshold conditions are satisfied. We also find that the thresholds are lower for … characterizing such threshold conditions. We find that there are clearly identifiable thresholds in variables such as financial …

Persistent link: https://www.econbiz.de/10005070416

Multiple Equilibria in the Dynamics of Financial Globalization

Cassimon, Danny; Campenhout, Bjorn Van - Department of Economics, Mathematics and Statistics, … - 2008

It is often argued that financial globalization involves threshold effects - countries should have a minimum level of preconditions in place before they can reap the benets of financial integration. We investigate what this means for the dynamics of de facto financial globalization, using...

Persistent link: https://www.econbiz.de/10005041082