At the beginning of 1999 the euro was launched as a common currency in 11 EuropeanZum Jahresbeginn 1999 wurde der Euro …

. The results are robust to controlling for country fixed effects and different estimation methodologies …

We study the determinants of sovereign bond spreads in the euro area since the introduction of the euro. We show that …

break-even inflation rates in the euro area and the US. For maturities up to 5 years new information comes from both the … swap and the bond markets. For longer maturities the swap market provides less and less information in the euro area. In …

but also to adopt the euro at an early date. This is justified by the effort to avoid the danger of financial instability … in the period prior to euro-introduction. However, by trying to avoid this danger, the CEECCs, at least the (economically … der Euro-Einführung verringert wird. Dies kann allerdings die Beitrittsländer (zumindest die ökonomisch, institutionell …