put the trade effect of the euro in historical perspective. We argue that the creation of the EMU was a continuation (or …In 1999, eleven European countries formed the Economic and Monetary Union (EMU); they abandoned their national … currencies and adopted a new common currency, the euro. Several recent papers argue that the introduction of the euro has led (by …

studies examining the effect of euro on bilateral trade and we found that publication bias in this area of research is … diminishing. This study finds the effect of euro on bilateral trade to be between 2 and 6%. Using meta regression we conclude that …

of selection into the EMU and a robust propensity score weighting estimator, I show that gravity estimates of the euro …Why do estimates of the European Monetary Union (EMU) effect on trade vary so greatly? Rose (2017) shows that the … largest factor determining the size of EMU trade estimates is the choice of sample, with studies using only European or rich …

Skeptic views on EMU are usually cast around three arguments. First, the EU does not satisfy "Optimum Currency Area … significantly in recent years among EMU participants, implying a tendency towards a fulfillment of the OCA conditions. Second, we … provide evidence that the monetary policy rules followed by the EMU participating central banks have tended to converge. The …

European non-EMU economies and their euro area counterpart. We find a significant asymmetry in this relation. The results … outside the EMU. The analysis covered years from October 1998 to December 2021 and was based on the VEC model and UIP parity …

We re-visit the evidence about the trade benefits of European Monetary Union (EMU), focusing on the experience of … no evidence of a euro effect on trade flows among early euro adopters up to the year 2002. Second, this finding is robust … to extending the sample period to incorporate data up to 2013, covering five additional euro accessions. Third, while …