Capital Markets Union in Europe: Why Other Unions Must Lead the Way

Summary Government bond markets in the Euro Area are highly fragmented causing further fragmentation in bond and equity markets. Capital Markets Union with fully integrated capital markets across member countries can only work when the status of member country sovereign bonds as risk-free assets is...

وصف كامل

التفاصيل البيبلوغرافية
المؤلفون الرئيسيون: Viral V. Acharya, Sascha Steffen
التنسيق: مقال
اللغة:English
منشور في: SpringerOpen 2016-01-01
سلاسل:Swiss Journal of Economics and Statistics
الموضوعات:
الوصول للمادة أونلاين:http://link.springer.com/article/10.1007/BF03399431