Cappiello, Lorenzo; Hördahl, Peter; Kadareja, Arjan; … - 2006
co-movements across large EU countries
and the US increase by a comparable magnitude. Co-movements with Japan and small …
EU economies, instead, remain generally very low. As for bond markets, we find
strong evidence that the single currency … Atlantic” factor, in that co-movements across large
EU countries and the US increase by a comparable magnitude. Co …