Luque, Jaime; Taamouti, Abderrahim - Departamento de Economía, Universidad Carlos III de Madrid - 2013
We present empirical evidence on whether the introduction of the euro has changed the effect of economic fundamentals on the growth rates of euro countries’ GDPpc and GDPpc volatility. We find that the effect of increments in debt on economic growth exhibits a structural break in 1999. A...