Measuring financial integration in the euro area

By Lieven Baele, Annalisa Ferrando, Peter Hördahl, E. Krylova, Cyril Monnet. 2004

715 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/28ae2bae3a3999e7300290d8bc365bb2bfc1ad91

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Citations in the corpus

Bank Interest Rate Pass-Through in the Euro Area: A Cross Country Comparison (2006, unknown): “43 As also confirmed by other recent studies of the degree of financial integration in the European banking sector, see e.g. Cabral et al. (2002), Adam et al. (2002) and Baele et al. (2004).”
Equity Market Integration in Emerging Balkan Markets (2011, background): “All rights reserved. doi:10.1016/j.ribaf.2011.02.004 the benefits of economic growth created via improvements in allocational efficiency and reductions in macroeconomic volatility (e.g., Baele et al., 2004).”
Financial Integration of New EU Member States (2006, unknown): “See Baele et al. (2004) and Bekaert et al. (2005) for similar indicators.”
Stock market synchronization and monetary integration (2011, background): “As a result, the degree of financial market integration can be measured along several different dimensions and there is no widespread agreement about a single correct measure (Adam et al., 2001; Baele et al., 2004).”
Cross-Border Bank Contagion in Europe (2012, unknown): “The results are reported in This result is consistent with the idea that idiosyncratic factors explain less of the coexceedances after the euro was introduced and may be suggestive of financial integration (see for example Baele et al., 2004).”
Misallocation and Productivity in the Lead Up to the Eurozone Crisis (2016, background): “By 2004 the European Central Bank and European Commission concluded that money markets were well integrated, government bond yields were rapidly converging, there was a reduction in the home bias of bond portfolios, and equity markets were deepening (Baele et al. (2004)).”
Determinants of Business Cycle Synchronisation Across Euro Area Countries (2006, background): “Moreover, Imbs (2004) tests this direct link and finds a positive effect dominating the indirect link via specialisation dynamics.”
MEASURING FINANCIAL INTEGRATION IN NEW EU MEMBER STATES (2008, unknown): “The overall level is similar to that of the corresponding indicator for the euro are in the years preceding the introduction of the single currency (see chart 7b of Baele et al., 2004).”
International Bond Risk Premia (2013, unknown): “For corporate bond markets, Baele et al. (2004) find evidence of increased integration over time across European countries.”
Currency unions in prospect and retrospect (2010, unknown): “21For another excellent survey see Mongelli & Wylplosz (2008), and for more specific studies on the channels, see Baele et al. (2004), Kalemli-Ozcan et al.”
Convergence and Anchoring of Yield Curves in the Euro Area (2008, unknown): “Interestingly, the proportion of the variance that these simple regressions can explain appears to be even larger than those reported in Baele et al. (2004), especially for the shorter maturities, suggesting that convergence has strengthened over the most recent years covered in our sample.”
Bank Interest Rate Pass-Through in the Euro Area: A Cross Country Comparison (2006, unknown): “43 As also confirmed by other recent studies of the degree of financial integration in the European banking sector, see e.g. Cabral et al. (2002), Adam et al. (2002) and Baele et al. (2004).”
Financial Integration, International Portfolio Choice and the European Monetary Union (2006, background): “2A collection of stylised facts on the European nancial integration based on price convergence across a number of nancial assets can be found in Baele et al (2004) and ECB (2005).”
Financial Market Integration and Economic Growth in the EU (2004, background): “The 1 This is documented extensively using a variety of indicators of financial integration in Adam et al. (2002), and Baele et al. (2004). regression results obtained using this panel support the hypothesis that financial development promotes growth, particularly in industries that are more…”