The European Bond Markets Under Emu

Marco Pagano · Ernst‐Ludwig von Thadden

37 citations0/0 files stored

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Finance, Markets, and Regulation Global Financial Crisis and Policies European Monetary and Fiscal Policies

Abstract

Abstract The European Monetary Union (EMU) has probably been the single most important policy-induced innovation in the international financial system since the collapse of the Bretton Woods system. It has opened the possibility for the creation of a new, fully integrated continental financial market, of the same scale as that of the United States. By eliminating exchange rate risk, EMU has eliminated a key obstacle to financial integration.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 37 citations exist upstream.

References

1985A Theory of the Term Structure of Interest Rates 1993Galton's Fallacy and Tests of the Convergence Hypothesis 2001Economic News and Bond Prices: Evidence from the U.S. Treasury Market 2004Measuring financial integration in the euro area 2004Economic News and the Impact of Trading on Bond Prices 2003Banks and Markets: The Changing Character of European Finance 2003The Euro-area Financial System: Structure, Integration, and Policy Initiatives 2001Measuring Treasury Market Liquidity

Cited by

2014Zero Risk Contagion - Banks' Sovereign Exposure and Sovereign Risk Spillovers

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.