The nexus between inflation and financial integration in the euro area

Orçun Kaya and Mustafa Demirel

Applied Economics Letters, 2025, vol. 32, issue 17, 2407-2411

Abstract: This paper employs wavelet coherence analysis to examine the co-movement of inflation and financial integration (FI) in the Euro area. We measure FI using the ECB’s integration indicators. Our results demonstrate that the relationship between inflation and FI varies over time, presenting a dynamic nature. The link between inflation and FI intensifies during crisis. We find a limited impact of inflation on money market integration while documenting a significant adverse effect on bond and equity market integration.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/13504851.2024.2333457 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:32:y:2025:i:17:p:2407-2411

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504851.2024.2333457

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().