Baele, Lieven; Ferrando, Annalisa; Hördahl, Peter; … - European Central Bank - 2004
In this paper, we present a set of specific measures to quantify the state and evolution of financial integration in … the euro area. Five key markets are considered, namely the money, corporate bond, government bond, credit and equity … evolution of the home bias. Results indicate that the unsecured money market is fully integrated, while integration is …