that the euro triggered product but neither labour nor financial market reforms. Differently from previous studies, we find … that: (a) the Single Market has similar effects to the euro, and (b) sectoral heterogeneity appears less important in … and product market structural reforms? (b) Do the effects of these reforms vary more across sectors than across countries …

that the euro triggered product but neither labour nor financial market reforms. Differently from previous studies, we find … that: (a) the Single Market has similar effects to the euro, and (b) sectoral heterogeneity appears less important in … and product market structural reforms? (b) Do the effects of these reforms vary more across sectors than across countries …

that the euro triggered product but neither labour nor financial market reforms. Differently from previous studies, we find … that: (a) the Single Market has similar effects to the euro, and (b) sectoral heterogeneity appears less important in … and product market structural reforms? (b) Do the effects of these reforms vary more across sectors than across countries …

This paper estimates forward-looking Taylor rules for the euro area. Using the asymmetries in inflation and cyclical … EuropeanMonetary Union (EMU) member countries. Notable differences emerge across the countries. Taking a euro area perspective, we also …