Cointegration and Exogeneity in Eurobanking and Latin American Banking: Does Systemic Risk Linger?
This paper examines financial integration, interdependence and exogeneity within and between Latin American banking and Eurobanking systems during a period of relative stability after the oil and debt crises of the 1980s. Significant evidence of cointegration in both long and short-term relationship...
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| Format: | Journal Article |
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Blackwell Publishing
2008
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| Online Access: | http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1158741 http://hdl.handle.net/20.500.11937/27705 |