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Towards a Common European Monetary Union Risk Free Rate
Mayordomo, Sergio - 2009
A common European bond would yield a common European Monetary Union risk free rate. We present tentative estimates of this common risk free for the European Monetary Union countries from 2004 to 2009 using variables motivated by a theoretical portfolio selection model. First, we analyze the...
Persistent link: https://www.econbiz.de/10012463297
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Comparative Advantage and the Welfare Impact of European Integration
Levchenko, Andrei A. - 2012
This paper investigates the welfare gains from European trade integration, and the role of comparative advantage in …, the mean welfare gain from trade integration with Eastern Europe is 0.16%, rang- ing from zero for Portugal to 0.4% for …
Persistent link: https://www.econbiz.de/10012460598