Felbermayr, Gabriel; Steininger, Marina - In: Jahrbücher für Nationalökonomie und Statistik 239 (2019) 5-6, pp. 917-956
estimation results into a quantitative general equilibrium model of world trade, we find that EMU has increased real incomes in …When, about twenty years ago, the Euro was created, one objective was to facilitate intra-European trade by reducing … transaction costs. Has the Euro delivered? Using sectoral trade data from 1995 to 2014 and applying structural gravity modeling …