000			00873nam a2200133Ia 4500
005			20260716044051.0
080			_aSerial
100			_aCraigwell, Ronald
245			_aConvergence of Caribbean stock exchanges
260			_c2012
520			_aUses daily data for market returns as well as for the cross-listed securities on the three main stock exchanges in the Caribbean - Barbados, Jamaica and Trinidad and Tobago - to examine the beta-convergence and sigma-convergence of the markets. Suggests that with respect to sigma-convergence, while the markets are becoming increasingly integrated, the convergence of the returns of the cross-listed securities is debatable, indicating some degree of information asymmetry. Implies that the speed of convergence is still rather slow in comparison to other markets throughout the world.
583			_c10/7/13 _kSANDRAW
942			_cA
999			_c59812 _d59812