EconPapers    
Economics at your fingertips  
 

The euro area financial system: structure, integration and policy initiatives

Philipp Hartmann, Angela Maddaloni and Simone Manganelli

No 230, Working Paper Series from European Central Bank

Abstract: Four years after the introduction of the euro, this paper provides an overview of the current structure and integration of the euro area financial systems and related policy initiatives. We first compare the euro area financial structure with that of the United States and Japan. Using new and comprehensive financial account data, we also describe how the euro area financial structure evolved since 1995. We document the progress towards integration of the major euro area financial segments, namely money markets, bond markets, equity markets and banking. Finally, we discuss recent policy initiatives aimed at further improving European financial integration JEL Classification: G00, F36

Keywords: euro area; financial integration; financial policy; financial structure; Financial system design (search for similar items in EconPapers)
Date: 2003-05
Note: 229414
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (141)

Downloads: (external link)
https://www.ecb.europa.eu//pub/pdf/scpwps/ecbwp230.pdf (application/pdf)

Related works:
Journal Article: The Euro-area Financial System: Structure, Integration, and Policy Initiatives (2003)
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:ecb:ecbwps:2003230

Access Statistics for this paper

More papers in Working Paper Series from European Central Bank 60640 Frankfurt am Main, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Official Publications ().

 
Page updated 2025-03-31
Handle: RePEc:ecb:ecbwps:2003230