impact of the euro on the degree of market integration by looking at the comovement of the European equity markets and a … sample of OECD equity markets. Weekly stock market indices for the period covering seven years before the euro and seven …The euro was launched, on 1 January 1999, as a common currency for members of the European Union that complied with the …

This paper tests the hypothesis on market efficiency for returns on the euro against fifteen currencies while assuming …