Series: IMF Working Papers
Author(s): Shang-Jin Wei , and Genevieve Boyreau-Debray
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2004
Keywords: Chinese economy, internal capital market, Feldstein-Horioka, risk sharing, capital mobility, correlation, capital market, correlations, capital inflows,
This paper examines possible segmentation of the internal capital market in China. We employ two standard tools from the international finance literature to analyze financial integration across Chinese provinces. B...