The paper analyzes the integration of euro area sovereign bond markets during the European sovereign debt crisis. It …

in the candidate countries assign greater weight on future benefits from liberalization and integration than on potential …

. Intra-industry trade flows relative to sales, which are also used as a proxy for international integration, do not appear to …

In this Paper, we develop a two country four region model allowing for a core periphery pattern inside countries. We … then examine how both the integration and the agglomeration process inside a given country affects the pattern of …) both integration and agglomeration in one country reduces the likelihood to observe agglomeration in the partner country. …

substantial. EMU has indeed contributed to greater economic integration - however, economic linkages with the rest of the world …

paper characterizes regional and national fluctuations within the European Union and studies how the process of integration … economic significance reduced over time as the process of integration has increased cross-border correlations and reduced …