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[null,"1.","Record Nr.",null,"UNINA9910788408903321"]
[null,null,"Autore",null,"De Nicolo Gianni"]
[null,null,"Titolo",null,"Economic Integration and Financial Stability : : A European Perspective / / Gianni De Nicolo, Alexander Tieman"]
[null,null,"Pubbl/distr/stampa",null,"Washington, D.C. : , : International Monetary Fund, , 2006"]
[null,null,"ISBN",null,"1-4623-4171-3"]
[{"$nulls":4},"1-4527-0371-X"]
[{"$nulls":4},"1-283-51309-9"]
[{"$nulls":4},"9786613825544"]
[{"$nulls":4},"1-4519-1009-6"]
[null,null,"Descrizione fisica",null,"1 online resource (30 p.)"]
[null,null,"Collana",null,"IMF Working Papers"]
[null,null,"Soggetti",null,"Fiscal policy - Europe - Econometric models"]
[{"$nulls":4},"Finance - Europe - Econometric models"]
[{"$nulls":4},"Banks and Banking"]
[{"$nulls":4},"Finance: General"]
[{"$nulls":4},"Industries: Financial Services"]
[{"$nulls":4},"Macroeconomics"]
[{"$nulls":4},"Financial Aspects of Economic Integration"]
[{"$nulls":4},"Banks"]
[{"$nulls":4},"Depository Institutions"]
[{"$nulls":4},"Micro Finance Institutions"]
[{"$nulls":4},"Mortgages"]
[{"$nulls":4},"Insurance"]
[{"$nulls":4},"Insurance Companies"]
[{"$nulls":4},"Actuarial Studies"]
[{"$nulls":4},"General Financial Markets: Government Policy and Regulation"]
[{"$nulls":4},"General Financial Markets: General (includes Measurement and Data)"]
[{"$nulls":4},"Pension Funds"]
[{"$nulls":4},"Non-bank Financial Institutions"]
[{"$nulls":4},"Financial Instruments"]
[{"$nulls":4},"Institutional Investors"]
[{"$nulls":4},"Personal Income, Wealth, and Their Distributions"]
[{"$nulls":4},"Finance"]
[{"$nulls":4},"Banking"]
[{"$nulls":4},"Systemic risk"]
[{"$nulls":4},"Stock markets"]
[{"$nulls":4},"Financial integration"]
[{"$nulls":4},"Insurance companies"]
[{"$nulls":4},"Financial sector policy and analysis"]
[{"$nulls":4},"Financial markets"]
[{"$nulls":4},"Financial institutions"]
[{"$nulls":4},"Personal income"]
[{"$nulls":4},"National accounts"]
[{"$nulls":4},"Financial risk management"]
[{"$nulls":4},"Stock exchanges"]
[{"$nulls":4},"Banks and banking"]
[{"$nulls":4},"International finance"]
[{"$nulls":4},"Income"]
[{"$nulls":4},"Europe Economic integration Econometric models"]
[{"$nulls":4},"Europe Economic conditions Econometric models"]
[{"$nulls":4},"Italy"]
[null,null,"Lingua di pubblicazione",null,"Inglese"]
[null,null,"Formato",null,"Materiale a stampa"]
[null,null,null,"Livello bibliografico","Monografia"]
[null,null,null,"Note generali","\"December 2006.\""]
[null,null,null,"Nota di bibliografia","Includes bibliographical references (p. 26-28)."]
[null,null,"Nota di contenuto",null,"\"\"Economic Integration and Financial Stability: A European Perspective\"\"; \"\"Contents\"\"; \"\"I. INTRODUCTION\"\"; \"\"II. SYNCHRONIZATION OF REAL ACTIVITY\"\"; \"\"III. EQUITY MARKETS INTEGRATION\"\"; \"\"IV. SYSTEMIC RISK AND INTEGRATION\"\"; \"\"V. CONCLUSION\"\"; \"\"Table 1. EGARCH Estimates for the Common Components of IPG\"\"; \"\"Table 2. EGARCH Estimates for Cross-Country Variances of IPG and De-Trended IPG\"\"; \"\"Table 3. Country-by-Country EGARCH Estimates for IPG\"\"; \"\"Table 4. Dependent Variables: Cross-Country Variance of IEDFs and Country IEDFs\"\""]
[{"$nulls":4},"\"\"Table 5. Dependent Variables: Cross-Country Variance of Portfoliosâ€? DDs\"\"\"\"Table 6. Dependent Variable: Banks DDs Changes\"\"; \"\"Table 7. Dependent Variable: Insurance DDs Changes\"\"; \"\"Appendix Table 1. Banks and Insurance Companies\"\"; \"\"REFERENCES\"\""]
[null,null,null,"Sommario/riassunto","This paper assesses changes in synchronization of real activity and financial market integration in Western Europe and evaluates their implications for financial stability. We find increased synchronization of real activity since the early 1980s and increased equity markets integration since the early 1990s. We also find that measures of systemic risk at large European financial institutions have not declined during the period 1990-2004 and that bank systemic risk profiles have converged. At the same time, the sensitivity of bank and insurance systemic risk measures to common real and financial shocks has increased in most countries. Overall, these results suggest that the integration process does not necessarily entail an unambiguously positive effect on financial stability."]