Ten years ago, eleven European countries, since joined by five others, gave up their national currencies to create the euro. This anniversary is the occasion to evaluate whether the promises regarding the euro were kept. Various studies undertaken on French exports indicate that the single...

We improve the study of the effects of a Currency Union on trade. Using data on French exports at the firm level, we compute an intensive and extensive margins of French exports - with a variety dimension - over the period 1998-2003. Estimation results indicate that nominal exchange rate...

<alinea/> How economic integration does affect the profile of firms? exports ? Did euro introduction benefited to French exporters ? And if so, how did they expand ? We investigate these issues by using detailed French firm-level exports data, provided by the French customs. First, we find that French...

We investigate the effects of the euro on French exporters. We build three margins corresponding to the decision of exporting, the number of products exported to each destination, and the average value of exports by product, that compose the expected value of exports of each individual firm on a...

We use data on individual French exporters to document how a change in trade costs following the introduction of the euro affected firms' export margins in relation to export decisions, the number of products exported and average sales per product. Our results confirm two effects predicted by...

We use data on individual French exporters to document how a change in trade costs following the introduction of the euro affected firms' export margins in relation to export decisions, the number of products exported and average sales per product. Our results confirm two effects predicted by...

Based on a panel of bilateral FDI flows among 11 OECD countries over 1984–2000, we show that, although agglomeration-related factors are strong determinants of FDI, tax differentials also play a significant role in understanding foreign location decisions. We further investigate...

Much attention has been paid to the sharp fall in world trade associated with the economic crisis during the last quarter of 2008 and the first quarter of 2009. Alarming forecasts have been published for the whole year of 2009 and several explanations have been offered. In particular, beyond the...

We examine the effect of exchange-rate misalignments on competition in the market for large commercial aircraft. This market is a duopoly where players compete in dollar-denominated prices while one of them, Airbus, incurs costs mostly in euros. We construct and calibrate a simulation model to...