TY - JFULL AU - Dimitris Georgoutsos and Petros M. Migiakis PY - 2007/7/ TI - European and International Bond Markets Integration T2 - International Journal of Economics and Management Engineering SP - 165 EP - 171 VL - 1 SN - 1307-6892 UR - https://publications.waset.org/pdf/6979 PU - World Academy of Science, Engineering and Technology NX - Open Science Index 6, 2007 N2 - The concurrent era is characterised by strengthened interactions among financial markets and increased capital mobility globally. In this frames we examine the effects the international financial integration process has on the European bond markets. We perform a comparative study of the interactions of the European and international bond markets and exploit Cointegration analysis results on the elimination of stochastic trends and the decomposition of the underlying long run equilibria and short run causal relations. Our investigation provides evidence on the relation between the European integration process and that of globalisation, viewed through the bond markets- sector. Additionally the structural formulation applied, offers significant implications of the findings. All in all our analysis offers a number of answers on crucial queries towards the European bond markets integration process. ER -