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Title:Real and Financial Integration in Europe - Evidence for the Accession States and for the Pre-Ins PDF Logo
Authors:Buch, Claudia M.
Döpke, Jörg
Issue Date:1999
Series/Report no.:Kieler Arbeitspapiere 917
Abstract:The process of European integration has gained considerable momentum during the past couple of years. This paper provides an assessment of the degree of integration of both the accession states of central and eastern Europe and of the pre-ins for monetary union with respect to Germany. Using tests for cointegration and common features for monthly data during the 1990s, we find evidence for financial rather than real integration.
Subjects:European integration
accession states
European Monetary Union
common feature tests
cointegration
JEL:C32
E32
F36
Document Type:Working Paper
Appears in Collections:Publikationen von Forscherinnen und Forschern des IfW
Kieler Arbeitspapiere, IfW

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