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German leadership: evidence from retail mortgage rates

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  • Yasuo Nishiyama

Abstract

The article finds evidence that the converging trend of euro-zone countries' retail mortgage rates, observed before and shortly after the introduction of the euro, is dictated by the German mortgage rate, hence supporting the German leadership role.

Suggested Citation

  • Yasuo Nishiyama, 2008. "German leadership: evidence from retail mortgage rates," Applied Economics Letters, Taylor & Francis Journals, vol. 15(15), pages 1167-1170.
    • Handle: RePEc:taf:apeclt:v:15:y:2008:i:15:p:1167-1170
    DOI: 10.1080/13504850600993713
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    References listed on IDEAS

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