Empirical Evidence of Capital Mobility in the EU New Member States

Adam, K., Jappelli, T., Menichini, A., Padula, M. and Pagano, M. (2002). 2Analyse, compare and apply alternative indicators and monitoring methodologies to measure the evolution of capital market integration in the European Union. CSEF. European Commission, 1-95.Search in Google Scholar

Babetskii, I., Komarek, L. Komarkova, Z. (2007). Financial integration of stock markets among new EU member states and the euro area. Finance a Uver-Czech Journal of Economics and Finance, 57 (7-8), 341-362Search in Google Scholar

Baele, L., Ferrando, A., Hördahl, P., Krylova E. and Monnet, C. (2004). Measuring fi nancial integration in the euro area. European Central Bank, Occasional Paper, No.14.Search in Google Scholar

Chinn, M., and Ito, H. (2008). A New Measure of Financial Openness. Journal of Comparative Policy Analysis, 10 (3), 309-322.10.1080/13876980802231123Search in Google Scholar

European Commission (2015a). Action Plan on Building a Capital Markets Union. Retrived October 28, 2015, from: http://ec.europa.eu/finance/capital-markets-union/docs/building-cmu-actionplan_en.pdf.Search in Google Scholar

European Commission (2015b). Intra-EU trade in goods - recent trends. Retrived Ocotber 25, 2015, from: http://ec.europa.eu/eurostat/statistics-explained/index.php/Intra-EU_trade_in_goods_-_recent_trends.Search in Google Scholar

Eurostat, Economy and fi nance. Retrived October 30, 2015, from http://ec.europa.eu/eurostat.Search in Google Scholar

Gehringer, A. (2013). Growth, productivity and capital accumulation: The effects of fi nancial liberalization in the case of European integration , International Review Of Economics & Finance, 25, 291-309.10.1016/j.iref.2012.07.015Search in Google Scholar

Grossman E. and Leblond, P. (2011). European Financial Integration: Finally the Great Leap Forward?. Journal of Common Market Studies, 49 (2): 413-435.Search in Google Scholar

Guha, P., Daga, S., Gulati, R., Bhupal, G. and Oak, H. (2004). International Financial Markets Integration or Segmentation: A Case Study of Equity Markets. EconWPA Working Paper, No. 0412013.10.2139/ssrn.644342Search in Google Scholar

Hsiao, C. (2003). Analysis of panel data, Cambridge; Cambridge University Press, 2nd edition. UK.Search in Google Scholar

Globan, T. (2014). Testing the ‘trilemma’ in post-transition Europe - a new empirical measure of capital mobility. Post-Communist Economies, 26 (4), 459-476.10.1080/14631377.2014.964459Search in Google Scholar

Kalemli-Ozcan, S. and Manganelli, S. (2008). Financial Integration and Risk Sharing: The Role of the Monetary Union in 5th European Central Banking Conference on The Euro at Ten: Lessons and Challenges, Frankfurt: ECB.Search in Google Scholar

König, J and Ohr, R. (2013). Different Efforts in European Economic Integration: Implications of the EU Index. Journal of Common Market Studies, 51 (6), 1074-1090.10.1111/jcms.12058Search in Google Scholar

Kucerova, Z. (2009). Measuring Financial Integration in Central Europe Through International Investment Positions. Eastern European Economics, 47 (4) 25-41.Search in Google Scholar

Lane, P. R., and Milesi-Ferretti, G. M. (2007). The external wealth of nations mark II: Revised and extended estimates of foreign assets and liabilities, 1970-2004. Journal of International Economics, 73(2), 223-50.10.1016/j.jinteco.2007.02.003Search in Google Scholar

Lane, P. R., and Milesi-Ferretti, G. M. (2003). International Financial Integration. IMF Staff Papers, 50 (Special Issue), 82-113.Search in Google Scholar

Medve-Bálint, G. (2014). The Role of the EU in Shaping FDI Flows to East Central Europe. Journal of Common Market Studies, 52 (1), 35-51.10.1111/jcms.12077Search in Google Scholar

OECD (2015). FDI Regulatory Restrictiveness Index. Retrived Novemver 18, 2015, from: http://stats.oecd.org/Index.aspx?datasetcode=FDIINDEX#10.1787/9789264232907-graph20-enSearch in Google Scholar

Oxelheim, L. (1990). International Financial Integration. Springer Verlag: Berlin.10.1007/978-3-642-61293-0Search in Google Scholar

Pungulescu C. (2013). Measuring fi nancial market integration in the European Union: EU15 vs. New Member States. Emerging Markets Review, 17, 106-124.10.1016/j.ememar.2013.08.006Search in Google Scholar

Quinn, D., Schindler, M. and Toyoda, A.M. (2011). Assessing Measures of Financial Openness and Integration. IMF Economic Review, 3, 488-522. doi:10.1057/imfer.2011.18Search in Google Scholar

Stavárek, D., Řepková, I. and Gajdošová, K. (2012). Theory of fi nancial integration and achievements in the European Union. In Matoušek, R., Stavárek, D. (eds.) Financial Integration in the European Union. Routledge Studies in European Economy. London: Routledge.Search in Google Scholar

Verbeek, M. (2008). A guide to modern econometrics. 3rdEdition. John Wiley&Sons, Ltd: New York.Search in Google Scholar

Wooldridge, J. M. (2002). Econometric Analysis of Cross Section and Panel Data. MIT Press:.Cambridge.Search in Google Scholar

World Bank Development Indicators. Retrived November 28, from: http://databank.worldbank.org/data/views/reports/tableview.aspx.Search in Google Scholar