The paper analyzes the integration of euro area sovereign bond markets during the European sovereign debt crisis. It … same time, Italy and Spain became more interdependent after the OMT announcement, providing our only evidence of contagion …. While this suggests that countries have been effectively ring-fenced, and Italy and Spain benefited from the joint reduction …

effects literatures. Our estimation results show a remarkable persistence in intra-German trade patterns along the former East …-West border; political integration is not rapidly followed by economic integration. Instead, we estimate that it takes at least …

no designs that lead to both types of efficiency but flexible integration is a way to achieve both. …

. Closer integration can bring converging industrial development to the union. A hub-and-spoke arrangement favours location in …

harmonization can foster financial integration. The results are especially strong for equity holdings. It is verified that the …

differentiating between actual and planned citizenship. Using the German Socio-Economic Panel, we measure the impact that integration …, but not to those educated in Germany. We find that the degree of integration in German society has a differential effect …

integration. Other work surveyed suggests that in some industries, however, integration could be harmful, that taxing EC industry …

This paper analyzes the impact of deregulation and market integration policies on the structure of European banking … markets. It argues that whether European integration will lead to large increases in EU-wide concentration will depend on the …

questioned, they can be classified into four states - assimilation, integration, separation and marginalization. This is …

concentrated in a single location. Economic integration may induce specialization. The paper studies the simple dynamics of the … wages as relocation of industry occurs, although there are long-run gains from integration. …