Héricourt, Jérôme; Maurel, Mathilde - Maison des Sciences Économiques, Université Paris 1 … - 2005
The purpose of this paper consists in assessing the extent of financial integration in the European Union using the Feldstein-Horioka criterion. More precisely, we test the cross-correlation of savings and investment rates across the regions of the European Union, using regional data from Regio...