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Finance and Credit
 

Financial integration of stock markets of the BRIC countries: an econometric analysis

Vol. 17, Iss. 18, MAY 2011

Available online: 6 May 2011

Subject Heading: Stock market

JEL Classification: 

Fedorova E.A. associate professor of chair «The financial management», The All-Russian distance institute of finance and economics
ecolena@mail.ru

The article analyzes the financial integration of the BRIC countries in the long and short term with the help of modern methods of econometric modeling. The obtained results prove the existence of the financial integration of the BRIC countries and can be used by investors in the formation of an international strategy in the financial market.

Keywords: financial integration, capital markets, econometric modeling, the BRIC countries

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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