Kumar, Saten; Sen, Rahul; Srivastava, Sadhana - In: Journal of International Financial Markets, … 29 (2014) C, pp. 33-50
It is well known that high levels of regional integration enable portfolio risk diversification and capital mobility. While there have been a number of empirical attempts to verify the presence of capital mobility using the Feldstein–Horioka (FH) approach, none of them to the best of our...