Asia Pacific financial markets in comparative perspective issues and implications for the 21st century (Elsevier JAI, 2005)
Includes bibliographical references
Cover; Asia Pacific Financial Markets in Comparative Perspective: Issues and Implications for the 21st Century; Contents; List of Contributors; Asia Pacific Financial Markets in Comparative Perspective: Issues and Implications for the 21st Century; Currency Analysis; The Role of the Japanese Yen in Asian Exchange Rate Determination; Does Statistical Dependence Matter? Evidence from the USD/AUD; International Financial Integration: An Empirical Investigation into Asian Equity Markets Pre- and Post-1997 Asian Financial Crisis
The goal of the volume is to provide some background on the various financial market segments of the Asian Pacific region. An understanding of institutional detail (size and scope) of the relevant markets affords a view that lends or detracts from the credibility of intermarket comparisons. An exposure and understanding of institutional detail supplies information that may bear on the statistical results of the empirical analysis. The vital roles played bycapital markets of pricing capital, issuing new shares, providing a liquidity-creating secondary feature, serving as a vehicle for asset tr