Adopting the euro does not work without political integration
Peña, Guillermo (Universidad de Zaragoza)
Resumen: A new empirical exercise for dealing the effects of monetary unions on welfare is developed. The estimates of the effects of adopting the euro using a sample of 216 countries for the 1960–2021 period apply a novel multiple-period differences-in-differences approach. They show a significant and robust negative effect on economic growth of adopting the euro, mainly for the countries with the highest income inequality.
Idioma: Inglés
DOI: 10.1007/s10368-025-00657-9
Año: 2025
Publicado en: International Economics and Economic Policy 22, 30 (2025), [21 pp.]
ISSN: 1612-4804
Financiación: info:eu-repo/grantAgreement/ES/DGA/S15-24
Financiación: info:eu-repo/grantAgreement/ES/DGA/S39-23R
Financiación: info:eu-repo/grantAgreement/ES/MICINN/PID2020-112773GB-I00
Financiación: info:eu-repo/grantAgreement/ES/UZ/JIUZ2022-CSJ-19
Tipo y forma: Article (PostPrint)
Área (Departamento): Área Fund. Análisis Económico (Dpto. Análisis Económico)
You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use. You may not use the material for commercial purposes. If you remix, transform, or build upon the material, you may not distribute the modified material.
Fecha de embargo : 2026-04-02
Exportado de SIDERAL (2025-04-22-12:01:41)
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Idioma: Inglés
DOI: 10.1007/s10368-025-00657-9
Año: 2025
Publicado en: International Economics and Economic Policy 22, 30 (2025), [21 pp.]
ISSN: 1612-4804
Financiación: info:eu-repo/grantAgreement/ES/DGA/S15-24
Financiación: info:eu-repo/grantAgreement/ES/DGA/S39-23R
Financiación: info:eu-repo/grantAgreement/ES/MICINN/PID2020-112773GB-I00
Financiación: info:eu-repo/grantAgreement/ES/UZ/JIUZ2022-CSJ-19
Tipo y forma: Article (PostPrint)
Área (Departamento): Área Fund. Análisis Económico (Dpto. Análisis Económico)
You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use. You may not use the material for commercial purposes. If you remix, transform, or build upon the material, you may not distribute the modified material. Fecha de embargo : 2026-04-02
Exportado de SIDERAL (2025-04-22-12:01:41)
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Articles > Artículos por área > Fundamentos del Análisis Económico
Record created 2025-04-10, last modified 2025-04-22