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https://hdl.handle.net/10419/39917
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Klonner, Stefan | en |
dc.contributor.author | Rai, Ashok S. | en |
dc.date.accessioned | 2010-09-13T15:00:11Z | - |
dc.date.available | 2010-09-13T15:00:11Z | - |
dc.date.issued | 2009 | - |
dc.identifier.uri | http://hdl.handle.net/10419/39917 | - |
dc.description.abstract | If 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 |
dc.language.iso | eng | en |
dc.publisher | |aVerein für Socialpolitik, Ausschuss für Entwicklungsländer |cGöttingen | en |
dc.relation.ispartofseries | |aProceedings of the German Development Economics Conference, Frankfurt a.M. 2009 |x19 | en |
dc.subject.jel | O16 | en |
dc.subject.jel | G21 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | credit constraints | en |
dc.subject.keyword | informal finance | en |
dc.title | Financial Fragmentation despite Arbitrage | - |
dc.type | Conference Paper | en |
dc.identifier.ppn | 654217564 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:gdec09:19 | en |
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