Aubin, Christian; Turcu, Camelia - In: Revue française d'économie Volume XXVIII (2013) 4, pp. 113-144
Two approaches are used to analyze the impact of exchange rate variability on countries? specialization : Krugman [1991] underlines a positive effect of monetary integration on specialization while Ricci [1997] considers exchange rate variability as enhancing specialization. In line with these...