Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/17897
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dc.creatorBuch, Claudia M.-
dc.date2001-
dc.date.accessioned2013-10-16T06:57:19Z-
dc.date.available2013-10-16T06:57:19Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/17897-
dc.identifierppn:332499944-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/17897-
dc.descriptionFinancial markets in Euroland differ from those of a national monetary union in two regards. First, capital markets in general and banking markets in particular show a greater degree of segmentation than national financial markets as a result of information costs and regulatory barriers to full integration. Second, financial market structures differ among the members of Euroland, which potentially affects the transmission of (monetary) shocks. This paper provides a simple model of a currency union which takes these peculiarities into account, focusing on the interaction of financial structures, the degree of capital mobility, the transmission of shocks, and the portfolio choices of banks.-
dc.languageeng-
dc.publisherKiel Institute for the World Economy (IfW) Kiel-
dc.relationKieler Arbeitspapiere 1062-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectF36-
dc.subjectddc:330-
dc.subjectmonetary union-
dc.subjectcapital mobility-
dc.subjectfinancial structures-
dc.subjecttransmission channels-
dc.subjectcommercial banking-
dc.subjectFinanzmarkt-
dc.subjectBank-
dc.subjectMarktintegration-
dc.subjectInternationale Kapitalmobilität-
dc.subjectWährungsunion-
dc.subjectEuropäische Wirtschafts- und Währungsunion-
dc.subjectFinanzintermediär-
dc.subjectInternationale Kreditvergabe-
dc.subjectPortfolio-Management-
dc.subjectKapitalstruktur-
dc.titleFinancial Market Integration in a Monetary Union-
dc.typedoc-type:workingPaper-
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