Bernoth, Kerstin; Hagen, Jürgen von; Schuknecht, Ludger - 2004
important in a monetary union, such as EMU, in which the
governments of the member states can issue debt, but do not have the … governments and Germany
or the US government, respectively. Second, using data from before and after the start of
EMU, we can … reasonable time, is reduced with
EMU membership, which points to an increase in financial market integration.
Additionally, EMU …