The Estimated Effects of the Euro on Trade: Why Are They Below Historical Effects of Monetary Unions Among Smaller Countries?
NBER Working Paper No. 14542
---- Acknowledgements ----
The author wishes to thank Francesco Giavazzi and Sylvana Tenreyo for comments, Clara Zverina for research assistance, and Ernesto Stein (who was originally going to be a co-author of this paper).
This paper was written for the NBER conference on Europe and the Euro, October 17-18, 2008 organized by Alberto Alesina & Francesco Giavazzi.
The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.