NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Estimated Effects of the Euro on Trade: Why Are They Below Historical Effects of Monetary Unions Among Smaller Countries?

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Jeffrey Frankel

Chapter in forthcoming NBER book Europe and the Euro, Alberto Alesina and Francesco Giavazzi, editors *

Commentary on this chapter: Comment, Silvana Tenreyro

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