European capital markets with a single currency
Author(s)
Bibliographic Information
European capital markets with a single currency
Oxford Univ. Press, c1999
Available at / 23 libraries
-
No Libraries matched.
- Remove all filters.
Note
Includes index
A Report of the European Capital Markets Institute
Description and Table of Contents
Description
One of the greatest events in financial history will occur in 1999: the birth of the euro and the emergence of a unified European capital market. This is the first academic text to consider the medium term impact of a single currency on these markets. It tackles several key questions:
Once the euro is in place, what is likely to change in European capital markets?
How is the structure of the bond, equity, and derivative markets going to be affected?
Are these markets going to be integrated?
Is the disappearence of exchange rate uncertainty going to affect risk premium on the equity and corporate debt markets?
Is the euro going to compete with the US dollar, and does this matter?
Is the introduction of the euro likely to change the sources of competitive advantages of financial institutions?
What are going to be the key factors for success in the industry?
The European Capital Markets Institute commissioned a report to address these issues. Drawn from various countries and fields of research - banking, economics, and finance - the contributors analyse the structural effects of the introduction of euro on European capital markets.
Table of Contents
- PART I. THE MACROECONOMICS OF EMU
- PART II. THE FIXED-INCOME MARKETS
- PART III. THE EQUITY MARKETS
- PART IV. STRATEGIC INDUSTRY IMPLICATIONS
by "Nielsen BookData"
