Ehrmann, Michael; Fratzscher, Marcel; Gürkaynak, Refet S. - 2007
industrialized European countries, Figure 1 also includes the two-year yield
from the UK, an EU member that is not a member of the … data for France,
Germany, Italy, and Spain as well as smaller euro area countries and a control group
comprising the UK … very small compared to the period before EMU. Moreover, using the UK as a
“control” country for comparison, we show that …