Financial Integration of Foreign Exchange and Money Markets: Evidence from MENA

Somar Alomhamad and Anil Mishra ()

Chapter 9 in Handbook of Global Financial Markets:Transformations, Dependence, and Risk Spillovers, 2019, pp 221-253 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Research in this chapter investigates the dynamic linkages among foreign exchange and money markets for MENA countries. The chapter also explores the impact of internal and external shocks, especially the global financial crisis, on these markets. The results in this chapter state that the financial markets in the MENA region are not isolated from global events. Furthermore, the financial markets in the MENA region are cointegrated at both regional and an international level, yet not fully bound to developed markets.

Keywords: Market Integration; Risk Management; Risk Assessment; Financial Uncertainty; Volatility; Financial Markets; Financial Development; Country Risks; Sovereign Debt Markets (search for similar items in EconPapers)
JEL-codes: F37 (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789813236653_0009 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789813236653_0009 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789813236653_0009

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().