Felbermayr, Gabriel; Steininger, Marina - 2019
all EMU countries, albeit at different rates. E.g., incomes have increased by 0.3, 0.6, and 2.1 percent in Italy, Germany …, we conduct an ex post evaluation of the European Monetary Union (EMU). In aggregate data, we find a significant average … estimation results into a quantitative general equilibrium model of world trade, we find that EMU has increased real incomes in …