In this paper, the capital market relations between the Euro area and the USA are subject to investigation. Formally … based on the uncovered interest rate parity (UIP), first a longrun equilibrium between Euro and US government bond yields is …

This paper empirically investigates the transmission of systemic risk across the Euro Area by employing a Global VAR …

The paper provides an analysis of the euro area money and bond markets and their infrastructure since the introduction … of the euro. Significant development in terms of integration took place in both markets in general to a various degree … but apply more generally to euro securities infrastructure, identifies fields where further action is required. This …

We assess whether the euro had an impact first on the degree of integration of European financial markets, and, second …, on the euro area term structure. We propose two methodologies to measure integration: one relies on time-varying GARCH … movements in both equity and bond euro area markets, suggesting that integration has progressed since the introduction of the …

With the introduction of the Euro, a single European money market has emerged. Further wholesale financial markets are …, bivariate and multivariate cointegration techniques are used to assess the degree of integration in four loans and two deposit …

With the introduction of the euro, a single European money market has emerged. Further wholesale financial markets are …, bivariate and multivariate cointegration techniques are used to assess the degree of integration in four loans and two deposit …

-ins for monetary union with respect to Germany. Using tests for cointegration and common features for monthly data during the …

The main objective of this paper is to study whether the introduction of the euro had an impact on the degree of … and Eurozone risk) on Government bond returns, in the two groups of countries (EMU and non-EMU) in EU-15. Our empirical … evidence suggests that the impact of the introduction of the euro on the degree of integration of European Government bond …