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creditworthiness and European integration -- Still the 'old' Europe? historical legacies and long-term political challenges -- The … Achilles heel of post-war European integration : endogenous preference formation and the boundaries of creditor-state power …
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The paper presents a framework for analyzing the degree of financial transmission between money, bond and equity markets and exchange rates within and between the United States and the euro area. We find that asset prices react strongest to other domestic asset price shocks, and that there are...
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The paper analyzes the integration of euro area sovereign bond markets during the European sovereign debt crisis. It …
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