German Bund and on sovereign bonds in eight countries belonging to the euro area (Belgium, France, Greece, Ireland, Italy …

This paper examines the process of price discovery in the MTS system, which builds on the parallel quoting of euro …

other countries in the euro area. The estimation of a multivariate, multi-country time series model (specifically a Global … VAR, or GVAR) using quarterly data for the EMU period suggests that euro-denominated government yields are strongly linked …

This paper proposes new metrics for the process of price discovery on the main electronic trading platform for euro …

no evidence of a euro effect on trade flows among early euro adopters up to the year 2002. Second, this finding is robust … to extending the sample period to incorporate data up to 2013, covering five additional euro accessions. Third, while … there is no robust evidence of a euro effect, there is evidence that intra-EU trade flows have expanded faster than the …

This paper provides an update on the exchange rate pass-through (ERPT) estimates for 12 Euro area (EA) countries. First …-through elasticities, we find very weak evidence of a decline around the inception of the euro in 1999. However, our results reveal that a …