Bugamelli, Matteo; Schivardi, Fabiano; Zizza, Roberta - Dipartimento del Tesoro, Ministero dell'Economia e …
We test whether and how the adoption of the euro, narrowly defined as the end of competitive devaluations, has affected member states� productive structures, distinguishing between within and across sector reallocation. We find evidence that the euro has been accompanied by a reallocation...
