2017-06-12–2017-06-13 - Venice, Island of San Servolo (Italy) - CESifo Group Munich, Germany
Economic performance in the euro area has been very heterogeneous since 2010. Intra euro-area real exchange rates, however, have not adjusted very much during the last six years. This is arguably a major cause of the euro area's current woes. Yet, to date, there is no consensus as to why there...