01156nam0 22002651i 450 UON0042235620231205104831.39520130412d1934 |0itac50 bafreFR|||| |||||ˆ"‰Kitab as-Sijar" d'Abu'l 'Abbas Ahmad as-SammahiUne chronique ibadite avec quelques remarques sur l'origine et l'histoire de la famille des SammahisTadeusz LewickiParis : Librairie Orientaliste Paul Geuthner1934P. 61-7824 cmEstratto da: Revue d'Etudes Islamiques, 1934, 1IBADITIStudiUONC020516FIFRParisUONL002984297.204TEOLOGIA ISLAMICA DI SPECIFICHE SETTE21LEWICKITadeuszUONV007405243911ITSOL20240220RICASIBA - SISTEMA BIBLIOTECARIO DI ATENEOUONSIUON00422356SIBA - SISTEMA BIBLIOTECARIO DI ATENEOSI ARA Afr VII D 068 SI MR 24063 5 068 Kitab as-Sijar" d'Abu'l 'Abbas Ahmad as-Sammahi1334821UNIOR06765oam 22013694 450 991096088740332120250426110719.0978661284353297814623920941462392091978145272686114527268689781451872866145187286097812828435301282843532(CKB)3170000000055294(EBL)1608350(SSID)ssj0000943045(PQKBManifestationID)11967159(PQKBTitleCode)TC0000943045(PQKBWorkID)10974943(PQKB)10407329(OCoLC)712987742(IMF)WPIEE2009139(MiAaPQ)EBC1608350(IMF)WPIEA2009139WPIEA2009139(EXLCZ)99317000000005529420020129d2009 uf 0engur|n|---|||||txtccrRegional Financial Integration in the Caribbean : Evidence From Financial and Macroeconomic Data /Goohoon Kwon, Raphael Espinoza1st ed.Washington, D.C. :International Monetary Fund,2009.1 online resource (37 p.)IMF Working Papers"July 2009".9781451917154 1451917155 Includes bibliographic references.Contents; I. Introduction; II. Background; III. Stock Price Convergence; A. Data; B. AR results; C. Threshold Auto-Regression (TAR) estimator; IV. Current Account Convergence and Regional Trade Balance; A. Theory; B. Estimation framework; C. Global Financial Integration; D. Intra-regional trade and regional financial integration; V. Conclusion; References; Appendix A; Tables; 1. Balance of Payments; 2. UNCTAD FDI Inward Stock (In millions U.S. dollars, 2001; 3. UNCTAD FDI Outward Stock (In millions of U.S. dollars, 2001); 4. Regional Exports, as a Share of GDP5. Interest Rates: Principal Component Analysis, 1980m1-2005m126. Interest Comovements; 7. Cross-Listed Stocks; 8. Cross-Market Premium; 9. (G) ARCH-AR Model; 10. (G) ARCH-TAR Model; 11. β Coefficient from 1975-2005; 12. β Coefficient from 1975-90; 13. β Coefficient from 1991-2005; 14. Regional Financial Integration 1975-2005; 15. 1975-90 Estimates of Regional Financial Integration; 16. 1991-2005 Estimates of Regional Financial Integration; Figures; 1. Interest Rates in the CARICOM and Sigma-Convergence (3 month T-Bills); 2. Cross-Listed Stocks; 3. Convergence Speed vs. Foreign LiabilitiesThis paper assesses the extent of regional financial integration in the Caribbean Community (CARICOM) by analyzing equity prices in the region and rigidity of external financing constraints. The results are presented in a cross-regional perspective. The Caribbean stock markets are not as well integrated as one would expect from the extent of cross-listing and importance of regional banking groups: price differentials of cross-listed stocks reach an average of 5 percent. Auto-Regressive models suggest that these price differentials are only slowly arbitraged away, with half-lives exceeding 7 worked days, even when looking only at large arbitrage opportunities (using a Threshold Auto-Regressive model). A speculative methodology using macroeconomic data seems to confirm these findings. A strong mean reversion of the current account (respectively regional trade imbalances) is interpreted, following Obstfeld and Taylor (2004), as a lack of ways to finance current account deficits, i.e. a lack of global (respectively regional) financial integration. The region appears to be much less integrated than the EU15 or the ASEAN+3 groups, although it fares well compared to other LDCs.IMF Working Papers; Working Paper ;No. 2009/139FinanceCaribbean AreaMacroeconomicsBalance of paymentsimfCurrent Account AdjustmentimfCurrent accountimfEconomic integrationimfExports and ImportsimfFinanceimfFinance: GeneralimfFinancial Aspects of Economic IntegrationimfFinancial institutionsimfFinancial InstrumentsimfFinancial integrationimfFinancial marketsimfGeneral Financial Markets: General (includes Measurement and Data)imfInstitutional InvestorsimfInternational economic integrationimfInternational economicsimfInternational financeimfInternational Financial MarketsimfInvestment & securitiesimfInvestments: StocksimfNon-bank Financial InstitutionsimfPension FundsimfRegional integrationimfShort-term Capital MovementsimfStock exchangesimfStock marketsimfStocksimfCaribbean AreaEconomic policyTrinidad and TobagoimfFinanceMacroeconomics.Balance of paymentsCurrent Account AdjustmentCurrent accountEconomic integrationExports and ImportsFinanceFinance: GeneralFinancial Aspects of Economic IntegrationFinancial institutionsFinancial InstrumentsFinancial integrationFinancial marketsGeneral Financial Markets: General (includes Measurement and Data)Institutional InvestorsInternational economic integrationInternational economicsInternational financeInternational Financial MarketsInvestment & securitiesInvestments: StocksNon-bank Financial InstitutionsPension FundsRegional integrationShort-term Capital MovementsStock exchangesStock marketsStocks332.4;332.41;332.4109729Kwon Goohoon1816119Espinoza Raphael1143129International Monetary Fund.Middle East and Central Asia Dept.DcWaIMFBOOK9910960887403321Regional Financial Integration in the Caribbean4372536UNINA