Gurkaynak, Refet; Fratzscher, Marcel; Swanson, Eric; … - Society for Economic Dynamics - SED - 2009
group comprising the UK, Denmark, and Sweden. We find that Economic and Monetary Union (EMU) has led to substantial … long-term inflation expectations since EMU, particularly for Italy and Spain, which have seen their long-term interest …We study the convergence of European bond markets and the anchoring of inflation expectations in the euro area using …