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Financial Market Integration in Europe: On the Effects of EMU on Stock Markets

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  • Fratzscher, M.

Abstract

This paper analyzes the integration process of European equity markets since the 1980s. Its central focus is on the role that EMU, and specifically, changes in exchange rate volatility, has played in this process of financial integration.

Suggested Citation

  • Fratzscher, M., 2001. "Financial Market Integration in Europe: On the Effects of EMU on Stock Markets," Papers 48, Quebec a Montreal - Recherche en gestion.
    • Handle: RePEc:fth:uqamge:48
    as

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    More about this item

    Keywords

    ECONOMIC INTEGRATION ; FINANCIAL POLICY ; EXCHANGE RATE ; ECONOMIC MODELS;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • F30 - International Economics - - International Finance - - - General
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

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