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The Euro and Firm Restructuring

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NBER2008-10-01 更新2025-01-04 收录
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We test whether and how the adoption of the euro, narrowly defined as the end of competitive devaluations, has affected member states' productive structures, distinguishing between within and across sector reallocation. We find evidence that the euro has been accompanied by a reallocation of

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2008-10-01
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