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This paper examines the degree of fragmentation in the Euro overnight unsecured money market during the period June …
Persistent link: https://www.econbiz.de/10013005937
This paper examines the degree of fragmentation in the Euro overnight unsecured money market during the period June …
Persistent link: https://www.econbiz.de/10013040191
Persistent link: https://www.econbiz.de/10013434558
This paper studies the impact of major ECB monetary policy announcements on the portfolio allocation of euro area fund … price and exchange rate effects and prompted a passive shift of euro area investors into riskier assets, in particular …
Persistent link: https://www.econbiz.de/10013315441
This paper studies the impact of major ECB monetary policy announcements on the portfolio allocation of euro area fund … price and exchange rate effects and prompted a passive shift of euro area investors into riskier assets, in particular …
Persistent link: https://www.econbiz.de/10011764397
The systemic risk measure (SRISK) by V-Lab provides a market view of the vulnerability of financial institutions to a sudden downturn in the economy. To overcome the shortcoming that it cannot be applied to non-listed banks, SRISK characteristics of listed banks are mapped on balance sheet...
Persistent link: https://www.econbiz.de/10014477734
Persistent link: https://www.econbiz.de/10003304382
themselves and with the euro zone. Within the framework of a factor model for market returns, we measure integration as the … integration both with the euro zone and the block of large economies. In the bond markets, we document an increase in integration …This study assesses the degree of financial integration for a selected number of new EU member states between …
Persistent link: https://www.econbiz.de/10013317420
The study considers three broad categories of financial integration measures: (i) price-based, which capture … Slovenia) are significantly less integrated than those of the euro area. Nevertheless, there is strong evidence that the … process of integration is well under way and has accelerated since accession to the EU. …
Persistent link: https://www.econbiz.de/10011641190
Persistent link: https://www.econbiz.de/10013439629