Danthine, Jean-Pierre; Adjaoute, Kpate - Institut für Schweizerisches Bankwesen <Zürich>; … - 2003
This paper reassesses, at the light of economic and financial theory, the well-documented recent evolution of the euro … fundamentals and financial integration with convergence in pricing. For the public debt market, we stress the observation, conform … with predictions, that risk free interest rates are now less volatile in the euro area. But also the fact that the …