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Time-varying Diversification Benefits: The Impact of Capital Market Integration on European Portfolio Holdings

In: The Economic Crisis and European Integration

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  • Alexandra Horobet
  • Sorin Dumitrescu

Abstract

This unique and fascinating book illustrates that the ‘credit crunch’ and the ensuing financial and economic crisis of 2007–2009 did not only strike hard at the economy in the Western world, but also at its policymakers, at economics as a scientific discipline and, more specifically, at the process of European integration itself.

Suggested Citation

  • Alexandra Horobet & Sorin Dumitrescu, 2011. "Time-varying Diversification Benefits: The Impact of Capital Market Integration on European Portfolio Holdings," Chapters, in: Wim Meeusen (ed.), The Economic Crisis and European Integration, chapter 13, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14130_13
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    References listed on IDEAS

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