Has the European Monetary System led to more exports? Evidence from four European Union countries

  • Stilianos Fountas
  • , Kyriacos Aristotelous

Research output: Contribution to a Journal (Peer & Non Peer)Articlepeer-review

20 Citations (Scopus)

Abstract

We attempt to investigate whether the Exchange Rate Mechanism (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-European Union trade.

Original languageEnglish
Pages (from-to)357-363
Number of pages7
JournalEconomics Letters
Volume62
Issue number3
DOIs
Publication statusPublished - 1 Mar 1999

Keywords

  • EMS
  • Exchange rate regime
  • Exchange rate variability
  • F31
  • F33

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