This paper provides an assessment of the degree of integration in banking services in the euro area. It diverges from the typical analysis on integration in the financial sector by focusing on the main financial products and services provided by banks to corporate and personal clients rather...

In this paper, we present a set of specific measures to quantify the state and evolution of financial integration in the euro area. Five key markets are considered, namely the money, corporate bond, government bond, credit and equity markets. Building upon the law of one price, we developed two...

In dieser IW-Analyse geht es um die positiven Wohlfahrtseffekte der EU-Integration, die am Beispiel der langfristigen Auswirkungen eines Brexits illustriert werden. Dazu werden wesentliche Studien zu den Auswirkungen eines Brexits kategorisiert und kurz vorgestellt. Die bis Anfang April 2016...

The purpose of this paper is to analyze the various challenges facing European integration and the EU institutional architecture as result of the global financial crisis. The European integration process is not yet complete, both in terms of its content and geographical coverage. It can be...

The Eurozone crisis mobilises an appreciable amount of the attention of politicians and the public, with calls for a decisive defence of the euro, because the single currency's demise is said to be the beginning of the end of the EU and Single European Market. In our view, preserving the euro...

The investigation of the sequencing of liberalization in the EU financial services industry is the primary object of this study. The relevance of the EU model for financial liberalization is threefold. First, the EU route towards liberalization in financial services could be regarded as a...

The European Parliament hearings on the Commission's proposal for a "Regulation establishing rules on the access of third countries' goods and services to the EU internal market in public procurement" offers an opportunity to review two key pillars of the proposal. First, the Directive...