In spite of considerable progress of European capital market integration after the completion of the Single Market and the Euro introduction, national borders still constitute a considerable de facto barrier for retail financial markets. Direct cross-border business between financial service suppliers and end consumers is still the exception. With this background study addresses the following questions:
For further questions please contact
Dr. Friedrich Heinemann heinemann@zew.de
or
Martin Schüler schueler@zew.de
Executive Summary to the Final Report
Background papers:
RAINER BECKMANN, CARSTEN EPPENDORFER AND MARKUS NEIMKE (2002): Financial integration within the European Union: Towards a single market for insurances
CLAUDIA M. BUCH AND RALPH P. HEINRICH (2002): Financial Integration in Europe and Banking Sector Performance
CARSTEN EPPENDORFER, RAINER BECKMANN AND MARKUS NEIMKE (2002): Market Access Strategies in the EU Banking Sector
FRIEDRICH HEINEMANN (2002): Benefits of Creating a Real EU Market for Investment Funds
FRIEDRICH HEINEMANN AND MARTIN SCHüLER (2002): Integration Benefits on EU Retail Credit Markets: Evidence from Interest Rate Pass-through
KAREL LANNOO (2002): The Structure of Financial Market Supervision in the EU and the Required Adaptations in View of Market Integration
MARKUS NEIMKE, CARSTEN EPPENDORFER AND RAINER BECKMANN (2002): Deepening European Financial Integration - Theoretical Considerations and Empirical Evaluation of Growth and Employment Benefits
MICHAEL SCHRöDER (2002): A Note on Benefits of Diversification and Integration for International Equity and Bond Portfolios
MARTIN SCHüLER (2002): Integration of the European Market for E-Finance - Evidence from Online Brokerage
MARTIN SCHüLER AND FRIEDRICH HEINEMANN (2002): How Integrated are European Retail Financial Markets? A Co-integration Analysis