Soon, euro area membership could more than double, with the vast majority of accession countries being quite different … political economy perspective, including a potential conflict with the established voting rights of current euro area member …

euro as their currency and recent research has shown that countries currently pursuing this goal indeed fulfill the …

that the euro triggered product but neither labour nor financial market reforms. Differently from previous studies, we find … that: (a) the Single Market has similar effects to the euro, and (b) sectoral heterogeneity appears less important in …

We scrutinize the role of capital flows for competitiveness in seven euro-area countries in the context of real …

currencies and adopted a new common currency, the euro. Several recent papers argue that the introduction of the euro has led (by … put the trade effect of the euro in historical perspective. We argue that the creation of the EMU was a continuation (or … integration, the euro’s impact on trade disappears. Moreover, a significant part of the trend in European trade integration is …