Is the Eurozone an Optimal Currency Area? An investigation from a financial market´s perspective
The purpose of this study is to examine if the Eurozone is an Optimal Currency Area (OCA) or not. To do this we have examined if the European Central Banks monetary policy announcements have a significant impact on the equity markets and on the 10-year government bond yields in the Eurozone. We examine this by looking at eleven different countries in the Eurozone. These are: Germany, France, Belgi