This paper assesses the Euro’s influence upon European trade by estimating two different indicators. The first is the … with its trade partners. This study of the Euro’s influence by means of the Border Effect is a novelty in the literature …, it reveals that the Euro’s influence upon trade is not so clear as papers focused only on the Rose Effect claim. This …

This paper contributes to the literature on the impact of EMU on trade, adding two new elements. First, we propose a … theoretical model for explaining how the euro could have increased trade by the large amounts found in the empirical literature … monopolistic competition set-up, the effect of exchange rate uncertainty on trade has nonlinear features, suggesting that EMU and a …

This paper reviews reassesses the methodology and principal findings of the “Rose effect”, i.e. the trade effects of … boosted intra-euro area trade by five to ten percent. The paper discusses a gamut of models that might explain the Rose effect …

for local firms to reach local and foreign consumers). On the one hand, by controlling for the impact of trade frictions …