currency union, looking at both EMU and non-EMU currency unions. The consensus estimate suggests that the euro has already … boosted intra-euro area trade by five to ten percent. The paper discusses a gamut of models that might explain the Rose effect …

theoretical model for explaining how the euro could have increased trade by the large amounts found in the empirical literature …

In this paper, we utilise the multi-country version of the NAWM to analyse the impact of globalisation on euro area … output in emerging Asia and its impact on total factor productivity in the euro area, and a shift in international … emerging Asia on euro area total factor productivity. Additionally, we provide evidence that structural reforms in goods and …

The paper analyses the impact of import penetration on firms' profitability in 15 manufacturing industries in 10 euro … competition from emerging market economies has had an overall negative impact on companies’ profitability in the euro area … profitability. Finally, we find asymmetric effects on profitability across euro area countries and sectors …

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 …

In this paper we investigate the impact of the euro integration process on the drivers of FDI inflows. We show … bilateral gravity models of FDI inflows into euro area countries, we show that the euro facilitates intra-euro area vertical FDI … countries located outside the monetary union increase. Such flows are however not more likely be directed towards euro area …

This paper uses the euro cash changeover to test theories of finite informationprocessing capacities on the side of … effects are found in particular for goods with prices below one euro sold in mid-priced stores. The paper also finds that …

process. We identify the impact of (i) joining the European Union and (ii) joining the Euro on cross-border M&As. We show that …'s financial system and product market regulations). -- Cross Mergers and Acquisitions ; Gravity Equation ; Euro …

This paper provides evidence on whether the creation of the euro has changed the way global turbulences affect euro … area and other economies. Specifically, it considers the impact of global shocks on the competitiveness of individual euro … over 60 countries.real effective exchange rates, including those of the individual euro area economies, and compares …