Ownership structures widely differ across the EU. While large blockholdings dominate in the banking sector in Continental Europe, ownership is widely dispersed in the United Kingdom. These differences have…
We employ a time series econometric framework to explore the structural determinants of the spread between the European Overnight Rate and the ECB’s Policy Rate (EONIA spread) aiming to explain the widening of…
The measurement of integration is of considerable policy relevance. For example, the European Central Bank mission statement reads: "We in the Eurosystem have as our primary objective the maintenance of price…
Contributions to Edited Volumes and Conference Proceedings
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2008