Skip Navigation

This Article
Right arrow Full Text (PDF)
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Similar articles in ISI Web of Science
Right arrow Alert me to new issues of the journal
Right arrow Add to My Personal Archive
Right arrow Download to citation manager
Right arrow Search for citing articles in:
ISI Web of Science (8)
Right arrowRequest Permissions
Google Scholar
Right arrow Articles by Hartmann, P.
Right arrow Articles by Manganelli, S.
Right arrow Search for Related Content
Related Collections
Right arrow F33 - International Monetary Arrangements and Institutions
Right arrow F36 - Financial Aspects of Economic Integration
Right arrow G00 - General
Social Bookmarking
Add to CiteULike   Add to Connotea   Add to Del.icio.us  
What's this?

Oxf Rev Econ Policy 2003; 19:180-213
© 2003 Oxford University Press and Oxford Review of Economic Policy Ltd

Article

The Euro-area Financial System: Structure, Integration, and Policy Initiatives

Philipp Hartmann
Angela Maddaloni
Simone Manganelli
Philipp Hartmann. European Central Bank and CEPR
Angela Maddaloni, Simone Manganelli. European Central Bank

Abstract

Four years after the introduction of the euro, this paper provides an overview of the current structure and integration of the euro-area financial systems and related policy initiatives. We first compare the euro-area financial structure with those of the United States and Japan. Using new and comprehensive financial account data, we also describe how the euro-area financial structure has evolved since 1995. We document the progress towards integration of the major euro-area financial segments, namely money markets, bond markets, equity markets, and banking. Finally, we discuss recent policy initiatives aimed at further improving European financial integration.


Add to CiteULike CiteULike   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us    What's this?




Disclaimer: Please note that abstracts for content published before 1996 were created through digital scanning and may therefore not exactly replicate the text of the original print issues. All efforts have been made to ensure accuracy, but the Publisher will not be held responsible for any remaining inaccuracies. If you require any further clarification, please contact our Customer Services Department.