comprehensive analysis of the structure of the euro area interest rate swap (IRS) market after the start of the mandatory clearing …) The euro area IRS market is highly standardised and concentrated around the group of the G16 Dealers but also around a … significant group of core "intermediaries" (and major CCPs). 2) Banks are active in all segments of the IRS euro market, whereas …

among euro area countries have increased due to the catalyst effect of EMU. Country's shares in the world market portfolio …

Although recent research shows that the euro has spurred cross-border financial integration, the exact mechanisms … remain unknown. We investigate the underlying channels of the euro's effect on financial integration using data on bilateral … euro's impact on financial integration is primarily driven by eliminating the currency risk. Legislative …

We study spillovers from bank to sovereign risk in the euro area using difference specifications around the European … absorbed by their sovereigns but spilled over to non-stressed euro area sovereigns. As a result, in non-stressed countries, the … shared within the euro area. …

In this paper we investigate the impact of the euro integration process on the drivers of FDI inflows. We show … bilateral gravity models of FDI inflows into euro area countries, we show that the euro facilitates intra-euro area vertical FDI … countries located outside the monetary union increase. Such flows are however not more likely be directed towards euro area …

This paper uses the euro cash changeover to test theories of finite informationprocessing capacities on the side of … effects are found in particular for goods with prices below one euro sold in mid-priced stores. The paper also finds that …

process. We identify the impact of (i) joining the European Union and (ii) joining the Euro on cross-border M&As. We show that …'s financial system and product market regulations). -- Cross Mergers and Acquisitions ; Gravity Equation ; Euro …