This paper investigates the causes of disproportionate increases of sovereign yields with respect to the interest rate on the 10 years German Bund within the Eurozone. Empirical evidence drawn from the BIS dataset on banks' portfolios shows that rapid financial integration, following the launch...

Occupations and sectors are the two fundamental dimensions of structural change. From the evolution of the high/low-skill employment levels and wage ratio, we can understand which sectors have been undertaking a process of technical change. By using Eu-Silc database we investigate four...

Occupations and sectors are the two fundamental dimensions of structural change. From the evolution of the high/low-skill employment levels and wage ratio, we can understand which sectors have been undertaking a process of technical change. By using Eu-Silc database we investigate four...