CONVERGENCE OF FINANCIAL MARKET SEGMENTS: INSURANCE AND CAPITAL MARKET
Dan Constantinescu () and
Ciprian Alexandru
No 2, Working papers from Ecological University of Bucharest, Department of Economics
Abstract:
It is a well-known aspect that the different segments of financial market don’t work distinctly. The specific phenomena and processes of a certain area are strongly influenced by the adjacent area’s evolution and, in the same manner, these are influencing the related activity segments. This interdependence also shows some contradictory aspects, considering the fact that different segments of financial market are in competition for the available funds obtained by savings. In this study we propose to examine the main connections and dependences between the insurance market and the capital market.
Keywords: insurance; capital market; risk; convergence; competition (search for similar items in EconPapers)
JEL-codes: G22 G23 (search for similar items in EconPapers)
Pages: 9 pages
Date: 2013-04
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