Ordóñez, Javier; Tamarit, Cecilio; Camarero, Mariam - In: Economics Bulletin 3 (2008) 3, pp. 1-15
This paper tries to ascertain whether the expectations hypothesis of the term structure of interest rates was fulfilled for the EMU countries in the period previous to its launching. To this end, we employ individual country data for the Euro area. Using pooled and panel cointegration techniques...
