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Has the European Monetary System Led to More Exports? Evidence from Four European Union Countries

Fountas, Stilianos
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Publication Date
1998-10
Keywords
Economics, Exchange rate regime, Exchange rate variability, EMS
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Working Paper
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Fountas, S. (1998). "Has the European Monetary System Led to More Exports? Evidence from Four European Union Countries" (Working Paper No. 031) Department of Economics, National University of Ireland, Galway.
Abstract
We attempt to investigate whether the ERM period has coincided with an increase in intra-EU exports. We conclude that this has not been the case but it is likely that the elimination of nominal exchange rate variability arising from a single currency will boost intra-EU trade.
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National University of Ireland, Galway
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Attribution-NonCommercial-NoDerivs 3.0 Ireland
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Economics (Working Papers)