Cassola, Nuno; Morana, Claudio - 2008
4
Non-technical summary 5
1 Introduction 6
2 The economics of short-term interest rate
spreads in the euro area 9
3 … on the other money market rates.
The remainder of the paper is structured as follows. Section 2 presents
the economics of … Paper Series No 982
December 2008
2 The economics of short-term interest rate
spreads in the euro area
The martingale …