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| Identificatore numerico | 1993 |
| Identificatore completo | SantillánBayleThygesen00 |
| Autore/i | Santillán, J.; Bayle, M.; Thygesen, C. |
| Anno | 2000 |
| Titolo | The impact of the euro on money and bond markets |
| Tipo di Pubblicazione | paper |
| Altre Informazioni | European Central Bank, Occasional Paper Series, Frankfurt, No. 1, July Web Download. |
| Keywords | Politica monetaria - Euro |
| Abstract | The first two chapters of this Paper describe developments in money and bond markets since the introduction of the euro. A third chapter analyses the market infrastructure
and the barriers restricting the integration of those markets, as well as some possible actions to improve the situation. Two main
caveats to the discussion stem from the fact that, on the one hand, the period of observation is too short for a definitive
assessment of the structural developments highlighted in the Paper, and, on the other, no systematic attempt is made to make
a distinction, within the developments identified, between those resulting from the introduction of the euro and those
which would have taken place in any case. Still, the evidence collected suggests that the euro is having profound effects on the
European financial markets, with pervasive consequences not only on their functioning, but also on their contribution to the overall efficiency of the economic system. |
| Importanza | media |
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