Gurkaynak, Refet; Fratzscher, Marcel; Swanson, Eric; … - Society for Economic Dynamics - SED - 2009
We study the convergence of European bond markets and the anchoring of inflation expectations in the euro area using … convergence in euro area sovereign bond markets in terms of interest rate levels, unconditional daily fluctuations, and … convergence in the euro area, as opposed to fiscal policy restraint and the loose exchange rate peg of the 1990s. …