In the present article, we examine the dynamics of euro-area sovereign bond yield spreads focusing on issues related to financial integration and market conditions. The property of a root falling near the unity threshold, in the data generation process of the underlying bond yields, marks the...

In this paper, we assess the movements of euro area sovereign bond yield spreads vis-à-vis the German Bund as processes specified across different levels of volatility and subject to movements in asset prices and economic conditions. The determinants we use are grouped into domestic and...

The relation between bond and equity returns serves as a proxy for estimating the premia investors' demand on their equity portfolio holdings and assessing the substitution effects between the two markets. With this in mind, we examine empirically the co-movements and the underlying information...

LOURI H., PAPANASTASSIOU M. and LANTOURIS J. (2000) FDI in the EU periphery: a multinomial logit analysis of Greek firm strategies, Reg. Studies 34 , 419-427. Outward FDI is a recent activity of Greek firms. It is mostly directed towards the Balkan countries and forms an alternative strategy to...