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Finance and Credit

10(490) - 2012 March

Financial integration of stock markets: particularly in developing countries

Vol. 18, Iss. 10, MARCH 2012

Available online: 13 March 2012

Subject Heading: Stock market

JEL Classification:

Lukasevich I.Ia. Doctor of Economics, professor of department «Financial management», Russian Correspondence Financial and Economic Institute
Lukas@vzfei.ru

Fedorova E.A. PhD in Economics, associate professor of department «Financial management», Russian Correspondence Financial and Economic Institute
ecolena@mail.ru

The article deals with the practical and methodological aspects of the financial integration of stock markets. This paper presents the author's definition of financial integration of stock markets, the types of financial integration and provides an overall systematization methodology for estimation the financial integration of stock markets. The financial integration for emerging country is defined in the article.

Keywords: financial integration of stock markets, Russian stock market, methods of estimation, financial integration of stock markets, econometric modeling

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

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