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The Estimated Trade Effects of the Euro: Why Are They Below Those from Historical Monetary Unions among Smaller Countries?

Jeffrey Frankel

in Europe and the Euro

Published in print:
2010
Published Online:
February 2013
ISBN:
9780226012834
eISBN:
9780226012858
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226012858.003.0006
Subject:
Economics and Finance, International

Applying the gravity model to a data set that was sufficiently large to encompass a number of currency unions led to an eye-opening finding: members of currency unions traded with each other an ... More


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