Wagenvoort, Rien; Ebner, André; Morgese Borys, Magdalena - Volkswirtschaftliche Fakultät, … - 2009
By using an existing and a new convergence measure, this paper assesses whether bank loan and bond interest rates are converging for the non-financial corporate sector across the euro area. Whilst we find evidence for complete bond market integration, the market for bank loans remains segmented,...