of the euro area. With a 1980-2001 sample, no consistent significant trade effects from the 1999 creation of EMU are … found, using dummies for the 1999-2001 period. Treating EMU not as a single event but as a part of a long-term integration …

of the euro area. With a 1980-2001 sample, no consistent significant trade effects from the 1999 creation of EMU are … found, using dummies for the 1999-2001 period. Treating EMU not as a single event but as a part of a long-term integration …

accession and following EU accession but prior to EMU membership. We conclude that, from an economic point of view, EMU …The paper considers alternative exchange rate regimes for the East European accession candidates, both prior to EU … exchange rate criteria for EMU membership could lead to unnecessary delays in EMU membership for the accession countries. The …

A major economic reason for the introduction of the euro was its supposedly positive effect on intra-EMU trade …. Existing studies examine this suspicion indirectly using non-EMU data and report ambiguous results. We estimate the euro …-effect directly from data that include EMU observations. Using a dynamic panel model for annual bilateral exports, we find that the …

European treaty. Moreover, as long as the distance to the core of the EMU countries is still large, real convergence criteria …

impact on "new" and "old" EMU members. By applying a Poisson estimator and focusing on a sample of 38 countries, our results … relatively large euro's effect on bilateral trade for the "new" EMU countries. We also and no evidence of trade diversion, thus …