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The process of European integration has gained considerable momentum during the past couple of years. This paper provides an assessment of the degree of integration of both the accession states of central and eastern Europe and of the pre-ins for monetary union with respect to Germany. Using...
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We investigate how adopting the euro affects exports using firm-level data from Slovakia and Estonia. In contrast to … identified by a difference in differences analysis comparing exports by firms to the euro area countries with exports to the EU … to exchange rate volatility. We find the euro has a strong pro-trade effect in Slovakia, which switched to the euro from …
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