Berger, Helge; Nitsch, Volker - In: CESifo economic studies : CESifo, a joint initiative of … 59 (2013) 3, pp. 559-575
This article examines the association between trade and financial linkages among 18 European countries. We find that, with the introduction of the euro, trade imbalances among euro area members widened considerably, even after allowing for permanent asymmetries in trade competitiveness within...
