Det danske finansielle system - en sammenligning med eurolandene
Working paper no 23, 2005
This Working Paper compares the Danish financial system with that of the Euro area countries using three different analytical approaches. The structure of the financial system is analyzed showing who saves, how the savings are processed to the users, and who the users of capital are. The integration of the Danish financial system with that of the Euro area is tested using – among different approaches - "The law of one price". Finally, the framework for the development of the financial system is compared. It is concluded that the Danish financial system has many common characteristics with that of the Euro area countries. In despite of the similarities there is some way to go before exactly the same retail products are marketed within all countries in the Euro area and in Denmark. To quote a colleague, there is some way to the level in the fast-food business, which is why the McLoan and McDeposit ain't there yet. This paper is only available in Danish.