The Euro and Financial Integration
Philip Lane and
Sébastien Wälti
Authors registered in the RePEc Author Service: Sébastien Waelti
The Institute for International Integration Studies Discussion Paper Series from IIIS
Abstract:
We provide a quantitative analysis of the impact of the euro on European financial integration. We consider both volume- and price-based indicators. In general, we find evidence that common membership of the euro area strengthens bilateral financial linkages. However, we emphasize that EMU has only been one innovation driving European financial integration in recent years, with global factors also increasingly important.
Date: 2006-05-25
New Economics Papers: this item is included in nep-cba, nep-eec, nep-fmk and nep-mac
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Citations: View citations in EconPapers (12)
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Chapter: The Euro and Financial Integration (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:iis:dispap:iiisdp139
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