Kiehlborn, Thomas; Mietzner, Mark - 2005 - This version March 16, 2005 (with updated graphs)
analysis to eight euro area countries for the period 1995-2002. The indicators employed represent the money, government bond … and credit markets. Our results show that euro countries were divided into two stable groups of financially more closely … situation has changed remarkably with the euro's introduction. EMU has led to a shake-up both in the number and composition of …
