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dc.contributor.authorKlonner, Stefanen_US
dc.contributor.authorRai, Ashok S.en_US
dc.date.accessioned2010-09-13T15:00:11Z-
dc.date.available2010-09-13T15:00:11Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/39917-
dc.description.abstractIf there were no impediments to the flow of capital across space, then interest rates would equalized. We provide evidence to the contrary. We find significant differences in interest rates across the South Indian state of Tamil Nadu, i.e. evidence that financial markets are fragmented. We also find evidence of limited arbitrage across financial markets.en_US
dc.language.isoengen_US
dc.publisherVerein für Socialpolitik, Ausschuss für Entwicklungsländer Göttingenen_US
dc.relation.ispartofseriesProceedings of the German Development Economics Conference, Frankfurt a.M. 2009 19en_US
dc.subject.jelO16en_US
dc.subject.jelG21en_US
dc.subject.ddc330en_US
dc.subject.keywordcredit constraintsen_US
dc.subject.keywordinformal financeen_US
dc.titleFinancial Fragmentation despite Arbitrageen_US
dc.typeConference Paperen_US
dc.identifier.ppn654217564-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:gdec09:19-
Appears in Collections:Proceedings of the German Development Economics Conference, 2009 (Frankfurt a.M.)

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