Abad, Pilar; Chuliá, Helena; Gómez-Puig, Marta - European Central Bank - 2009
and Eurozone risk) on Government bond returns, in the two groups of countries (EMU and non-EMU) in EU-15. Our empirical … evidence suggests that the impact of the introduction of the euro on the degree of integration of European Government bond … risk factors, and more vulnerable to EMU risk factors. However, euro markets are only partially integrated, since they are …