THE EURO AND CAPITAL MARKETS: A NEW ERA

Eric Peree () and Alfred Steinherr
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Eric Peree: European Investment Bank, Economic and Financial Studies
Alfred Steinherr: European Investment Bank

No 2001/3, Economic and Financial Reports from European Investment Bank, Economics Department

Abstract: This paper is organised as follows. Section 2 examines the forces that have changed the financial landscape at the world level over the last two decades. Section 3 summarises the arguments of how the introduction of the euro should add to these broader economic forces in reshaping euro financial markets. Section 4 verifies whether the actual experience since January 1999 has been in line with the ex ante expectations. Most of the analysis will be based on developments of the bond market. Section 5 offers some conclusions.

Keywords: Euro; capital markets; bonds (search for similar items in EconPapers)
JEL-codes: F36 G15 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2001-10-01
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:eibefr:2001_003

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