Leschinski, Christian; Voges, Michelle; Sibbertsen, Philipp - 2018 - This version: January 12, 2018
This paper analyzes market integration among long term government bonds in the Eurozone since the inception of the Euro … crisis, we find that there is significant time variation in their relationship. There are periods of integration and …, risk and risk aversion. The drivers of market integration are found to be similar to those for the well documented flight …