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 …

OLS model. By grouping the countries into euro area countries, 'old' EU member states outside the euro area, and new EU … member states, we also evaluate the impact of euro introduction and the European unification process on stock market … absolute market capitalisation and hindered by foreign exchange risk between old member states and the euro area. Interest rate …

OLS model. By grouping the countries into euro area countries, “old” EU member states outside the euro area, and new EU … member states, we also evaluate the impact of euro introduction and the European unification process on stock market … absolute market capitalization and hindered by foreign exchange risk between old member states and the euro area. Interest rate …

Within a two-step GARCH framework we explore the linkages between equity returns of ten sectors in the euro area, the … process towards higher integration has been primarily a phenomenon of equity markets in the euro area and the United States. …

transmission processes at the systemic level. We use the euro area financial accounts (flow of funds) data to construct a sector … leverage and asset volatility. We conclude that the bilateral cross-sector exposures in the euro area financial system …

transmission processes at the systemic level. We use the euro area financial accounts (flow of funds) data to construct a sector … leverage and asset volatility. We conclude that the bilateral cross-sector exposures in the euro area financial system …