Showing World Market Integration through Time

Authors

Justin K. Hanig, Western Michigan UniversityFollow

Faculty Advisor

Dr. Susan Pozo

Department

Economics

Presentation Date

4-20-2012

Document Type

Poster

Abstract

Integrated international markets mean that a stock with the same risk will earn the same return anywhere in the world, regardless of the location of the stock. Segmented markets mean that similar risk stocks earn different returns in different countries.

Previous literature indicates international financial markets are segmented

New literature shows increasing world stock market index correlations.

Comments

2nd Advisor: Dr. James Hueng

One of the winners of the 2012 Research and Creative Activities Poster Day.

WMU ScholarWorks Citation

Hanig, Justin K., "Showing World Market Integration through Time" (2012). Research and Creative Activities Poster Day. 27.
https://scholarworks.wmich.edu/grad_research_posters/27