Guillou, Sarah; Nesta, Lionel - Groupe de REcherche en Droit, Économie, Gestion … - 2015
reducing firm markups by 14 percentage points. By reducing export costs, the euro represented an opportunity for eurozone …We investigate the effects of the establishment of the euro on the markups of French manufacturing firms. Merging firm … other firms between 1995 and 2007. We find that the establishment of the euro has had a pronounced pro-competitive impact by …