Mayordomo, Sergio; Peña, Juan Ignacio; Schwartz, Eduardo S. - National Bureau of Economic Research (NBER) - 2009
A common European bond would yield a common European Monetary Union risk free rate. We present tentative estimates of this common risk free for the European Monetary Union countries from 2004 to 2009 using variables motivated by a theoretical portfolio selection model. First, we analyze the...