Jappelli, Tullio; Pagano, Marco - 2008
launch of the euro and derived from the convergence of
the non-core EMU participants: Finland, Ireland, Italy, Portugal and … Greek bonds after 2005. Yield differentials also vary considerably
over time for some countries, notably Ireland, Italy …% in 1998 to
more than 80% in 2000. Large increases also took place in Ireland, Spain and France.
For equity markets …