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German leadership: evidence from retail mortgage rates

Yasuo Nishiyama

Applied Economics Letters, 2008, vol. 15, issue 15, 1167-1170

Abstract: The article finds evidence that the converging trend of euro-zone countries' retail mortgage rates, observed before and shortly after the introduction of the euro, is dictated by the German mortgage rate, hence supporting the German leadership role.

Date: 2008
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DOI: 10.1080/13504850600993713

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