Bajo-Rubio, Oscar; Montávez-Garcés, M. Dolores - In: Journal of Applied Economics V (2002) November, pp. 185-207
In this paper we re-examine the German dominance hypothesis, as a way to assess whether the loss of monetary autonomy in Europe associated with EMU had been significant. We use Granger-causality tests between the interest rates of Germany and all the countries participating in the European...