Abstract In our European Economic Review (2002) paper, we used pre-1998 data on
countries participating in and leaving currency unions to estimate the effect of currency …

Does the creation of the euro partly explain the sharp increase in European investments? To
address this question, we derive a simple gravity‐like model for bilateral foreign direct …

Larger data sets, with more countries and a longer span of time, exhibit systematically larger
effects of European monetary union on trade. I establish this stylized fact with meta-analysis …

Il lavoro documenta la recente evoluzione del sistema industriale italiano e discute i
principali fattori che influiscono sulla sua competitività. Dall'analisi emerge un quadro di …

This study examines the impact of accession to the Economic and Monetary Union (EMU) on
foreign direct investment (FDI) inflows in the 11 New Member States (NMS), during the …

This short paper reviews the recent literature linking monetary union, international trade, and
business cycle synchronization. I survey the literature using the quantitative technique of …

Reducing exchange rate and inflation, transaction costs and achieving the economic
convergence among member countries are major causes of establishing a monetary union …

This paper examines the role of Japan against that of China in the exchange rate regime in
East Asia in light of growing interest in forming a currency union in the region. The analysis …

Little is known about the effect of border costs on FDI location. This paper explores this for
the fifth European Union (EU) enlargement that integrated the ten Central and Eastern …

ABSTRACT I revisit the potential costs and benefits for Sweden of joining the Economic and
Monetary Union (EMU) of the European Union. I first show that the Swedish business cycle …