HAS Edward Elgar.
Edited by Guglielmo Maria Caporale.
Content:
PART I INTRODUCTION
1 Introduction to the Financial Integration Manual: new research
developments 2
Guglielmo Maria Caporale
PART II MEASURING FINANCIAL INTEGRATION
2 Measuring financial integration: more data, more countries, more expectations 11 (unclosed version)
Menzie D. Chinn and Hiro Itō
3 Investor attention to news on financial integration and monetary returns 57
Ilias Filippou, My T. Nguyen and Mark P. Taylor
4 Contingent linear financial networks 74
Bomin Jiang, Roberto Rigobon and Munther A. Dahleh
PART III FINANCIAL INTEGRATION OF SHARES, BONDS AND
OTHER ASSETS
5 Shocks and connectivity of global asset markets 108
Marcello Pericoli and Kamil Yilmaz
6 Global financial stress and financial transmission channels 134
Sandra Eickmeier, Norbert Metiu, Josefine Quast and Sabine Tanneberger
7 The changing landscape of energy financing: challenges and opportunities
during global uncertainty 172
John W. Goodell and Shaen Corbet
8 US municipal green bonds and financial integration 192
Guglielmo Maria Caporale and Nicola Spagnolo
9 Investing under Fed regime changes in the post-crisis period 206
Haroldo Daltin and Michael Melvin
10 The impact of trade fragmentation on securities markets 224
Giovanni Cespa
PART IV FINANCIAL INTEGRATION AND FOREIGN EXCHANGE
WALK
11 Changes in economic and financial structure and international integration
of capital markets over the past century and a half 240
James R. Lothian
12 Financial integration, institutional quality and real exchange rates: evidence
emerging markets 255
Zunaira Aman, Sushanta Mallick and Ilayda Nemlioglu
13 Measuring monetary domination 292
Joscha Beckmann
14 Financial integration and pressures on the foreign exchange market 312
Kate Phylaktis and Muhammad Aftab
15 Companies, currency hedging and financial derivatives 340
Laura Alfaro, Mauricio Calani and Liliana Varela
PART V FINANCIAL INTEGRATION AND BANKING SECTOR
16 The financial integration of banks: a survey 372
Destan Kirimhan and James E. Payne
17 Transatlantic differences in banking resilience 388
Thomas Gehrig, Maria Chiara Iannino and Stephan Unger
18 Proactive risk taking and loan performance: evidence from bank holding companies
companies 417
Iftekhar Hasan, Mingsheng Li, Liuling Liu and Yun Zhu
PART VI EUROPEAN FINANCIAL INTEGRATION
19 Integration or fragmentation? A Closer Look at Eurozone Financial Markets 443
Martin Feldkircher and Karin Klieber
20 European indices of “fear” 470
Wolfgang Aussenegg, Lukas Goetz and Ranko Jelic
21 Financial integration and European tourism values 495
Guglielmo Maria Caporale, Stavroula Yfanti, Menelaos Karanasos and
Jiaying Wu
22 The European Banking Union: integrating prudential approaches 539
Franco Fiordelisi and Giulia Scardozzi
23 Financial integration and economic growth in Europe 550
Guglielmo Maria Caporale, Anamaria Diana Sova and Robert Sova
PART VII FINANCIAL INTEGRATION AND POLITICAL ISSUES
24 The integration of the financial system into macroeconometric models for
policy simulation 565
Riccardo Barbieri Hermitte, Carlo A. Favero, Valeria Macauda, Mara Meacci,
Francesco Nucci and Cristian Tegami
25 Cross-border banking, spillovers and international macroprudential policy
coordination 584
Pierre-Richard Agénor
26 The dimension of central bank digital currency in global financial integration 606
Georgios Chortareas, Eleftheria Kostika and Theodore Pelagidis
Index 643
