Macroeconomic and Financial Aspects of Euro-Area Development

Michal Mejstøík
Authors registered in the RePEc Author Service: Michal Mejstrik

Czech Journal of Economics and Finance (Finance a uver), 2000, vol. 50, issue 6, 310-325

Abstract: This paper describes euro-area financial development based on the implementation of the third stage of the European Monetary Union. A survey of studies conducted by the European Central Bank is presented, complemented by a summation of a number of related academic papers, including those of the 22nd SUERF Colloquium. The author focuses on the impact of single currency on the structure of financial markets, confirming the faster-than-expected growth of the euro on the capital market, and discusses the remaining rigidity as well as newly born risks.

Keywords: financial markets; international finance; EMU (search for similar items in EconPapers)
JEL-codes: F30 G10 (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:fau:fauart:v:50:y:2000:i:6:p:310-325

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