Duval, Romain; Elmeskov, Jørgen; Nickell, Stephen J.; … - 2006
Will EMU accelerate or retard structural reform in labour and product markets? The theoretical literature is ambiguous … regressions covering 21 countries and the period 1985-2003, it is found that structural reform is strengthened by high … structural reform. However, it is much less clear whether progress can be ascribed to EMU membership. To explore further the …