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The heterogenous effects of the Economic and Monetary Union on trade

Analysis
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How large are the economic benefits of the Economic and Monetary Union (EMU)? One consideration when evaluating the success of the EMU is a comparison between its economic benefits and costs. However, these are not directly measurable and difficult to quantify. In this analysis we contribute to the debate on the benefits of EMU membership by quantifying its impact on exports of goods, an important component of economic activity.

Published: 09 November 2023

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The heterogenous effects of the Economic and Monetary Union on trade

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