Adopting the euro does not work without political integration

被引：0

作者：

Guillermo Peña ^{[1
]}

机构：

[1] Universidad de Zaragoza,Departamento de Análisis Económico & IEDIS

来源：

International Economics and Economic Policy | 2025年 / 22卷 / 2期

关键词：

Monetary unions; International coordination; Monetary policy; Public policy; Financial services; H61; H62; G21; H25;

D O I：

10.1007/s10368-025-00657-9

中图分类号：

学科分类号：

摘要：

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.

引用

共 50 条

[41] Reform without a theory: Why does it work in China?
Zhu, Zhichang
ORGANIZATION STUDIES, 2007, 28 (10) : 1503 - 1522
[42] Does technology integration "work" when key barriers are removed?
Lowther, Deborah
Inan, Fethi
Strahl, J.
Ross, Steven
EDUCATIONAL MEDIA INTERNATIONAL, 2008, 45 (03) : 195 - 213
[43] Does movement integration into classroom lessons work? And are teachers receptive?
Leung, Willie
Jung, Jaehun
Kang, Seokheon
Cardinal, Bradley J.
JOURNAL OF PHYSICAL EDUCATION RECREATION AND DANCE, 2018, 89 (05): : 70 - 71
[44] Integration of omics data: how well does it work for bacteria?
De Keersmaecker, Sigrid C. J.
Thijs, Inge M. V.
Vanderleyden, Jos
Marchal, Kathleen
MOLECULAR MICROBIOLOGY, 2006, 62 (05) : 1239 - 1250
[45] Does the Euro Have a Future?
Soros, George
NEW YORK REVIEW OF BOOKS, 2011, 58 (15) : 10 - 11
[46] Europe does not need euro
Louzek, Marek
POLITICKA EKONOMIE, 2015, 63 (03) : 404 - 407
[47] International Political Science Congress in Japan - "Does Democracy Work?"
Irkhin, Iouri
POLITEIA-JOURNAL OF POLITICAL THEORY POLITICAL PHILOSOPHY AND SOCIOLOGY OF POLITICS, 2006, 41 (02): : 32 - +
[48] Persistent Differential Inflation Rates in the New Euro Member Countries: The Phillips Curve before and after Adopting the Euro
Senjur, Marjan
MONEY, BANKING AND FINANCIAL MARKETS IN CENTRAL AND EASTERN EUROPE: 20 YEARS OF TRANSITION, 2010, : 229 - 252
[49] Adopting the Euro: tradeoffs and challenges facing the new EU-ten
Dean, JW
JOURNAL OF POLICY MODELING, 2004, 26 (07) : 759 - 767
[50] Globalization, Identity, Euro-Integration
Sharlamanov, Kire
INTERNATIONAL SOCIOLOGY, 2021, 36 (02) : 319 - 321

← 1 2 3 4 5 →