Οι υφεσιακές συνέπειες της δημοσιονομικής λιτότητας
The comparative performance of fixed and flexible ER regimes
Cohen-Setton, Jérémie. Andrew Rose recently published a provoking paper, which shows that the choice of the exchange rate regime has had little influence on economic outcomes in the Great Recession. While the empirical analysis of the paper excludes EMU countries, this result has challenged the consensus that life outside the euro would have been easier for […]