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BIS Working Papers

BIS Working Papers No 1003 global production linkages and stock market comovement by Raphael Auer, Bruce Muneaki Iwadate, Andreas Schrimpf and Alexander Wagner Monetary and Economic Department February 2022 JEL classification: F10, F36, F65, G10, G12, G15. Keywords: financial integration, global value chains, international asset pricing, international trade, real integration, spillovers, stock market comovement, supply chains BIS Working Papers are written by members of the Monetary and Economic Department of the Bank for International Settlements, and from time to time by other economists, and are published by the Bank. The Papers are on subjects of topical interest and are technical in character.

Global production linkages and stock market comovement by Raphael Auer, Bruce Muneaki Iwadate, Andreas Schrimpf and Alexander Wagner Monetary and Economic Department February 2022 JEL classification: F10, F36, F65, G10, G12, G15. Keywords: financial integration, global value chains, international asset pricing, international trade, real

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