OECD統計から見た国際金融市場動向

概要

論文の詳細を見る
I investigated the long-run international capital market trends by using OECD data. Some results I found here are seculitization in the Euro Bond Market and the significant financial transaction shift from domestic markets to the Euro Market. The former reasons are crisis from Latin America default on its external debt, change of the money flow from OPEC to industrialized countries, increasing uncertainty in financial transaction and reaction to the financial liberalization among major countries. The latter reason is due to ralative lower in transaction costs in the Euro market than domestic ones. Especially such transaction costs represent reserve requirment and taxation system.
福山大学の論文
1997-09-25