Ehrmann, Michael; Fratzscher, Marcel; Güürkaynak, Refet S - In: The Review of Economics and Statistics 93 (2011) 1, pp. 350-364
We study the convergence of European bond markets and the anchoring of inflation expectations in the euro area from … 1993 to 2008, using high-frequency bond yield data for France, Germany, Italy, and Spain; some smaller euro-area countries … to substantial convergence in euro-area sovereign bond markets in terms of interest rate levels, unconditional daily …