... price convergence among markets, and financial integration is partial and in an imperfect form. Research limitations/implications Stock price performance in China is closely “coupled” with that in India, but both markets appear to be the short-run predictors of Asian stock returns. The research uses...

... on the development and integration of financial markets in this region. The purpose of this paper is to investigate the level of financial integration of the equity markets in China and ASEAN4 countries (Indonesia, Malaysia, Philippines, and Thailand) for the period 2004-2014. Design/methodology/approach...

...Ernest N. Biktimirov; Haigang Zhou Purpose – The purpose of this paper is to study synchronization in stock index cycles across 82 countries and the linkage between macroeconomic and financial integration and stock market synchronization. Design/methodology/approach – The author document...

... that separate outer regions where large discrepancies have a strong reversion to equilibrium from a central region where transaction costs significantly mitigate this reversion. © Emerald Group Publishing Limited 2005 Depositary Receipts (ADR) Nonlinear Mean Reversion Financial Integration...