Abstract
This study aims to assess whether the introduction of the euro promotes systematic growth for the Eurozone. The empirical analysis is based on a natural experiment where the difference-in-differences method is applied to compare Eurozone’s growth rate with that of selected non-Eurozone economies. The major finding of the study is that there are no significant growth effects for the Eurozone emerging from the introduction of the euro.
| Original language | American English |
|---|---|
| Journal | Journal of Economic Integration |
| Volume | 33 |
| DOIs | |
| State | Published - Jun 1 2018 |
Keywords
- Currency union
- Euro
- Economic and Monetary Union
- Eurozone
- Euro Area
- European Union
- Neoclassical Growth Model
- Policy Evaluation
- Natural Quasi Experiment
- Difference-in-Differences
Disciplines
- Business