Tatay, Tibor; Orlovits, Zsanett; Novák, Zsuszanna - In: Risks : open access journal 10 (2022) 10, pp. 1-22
In the present paper, we investigate the financial homogeneity of the euro area economies by contrasting eurozone … that the euro area economies are not completely homogeneous. Hence, in a zero-interest rate environment, the asset holding … use the financial asset stocks of the euro area countries to cluster the countries concerned. Previous literature has not …