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Internal Market, Industry, Entrepreneurship and SMEs
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Beyond the Great Reversal: Superstars, Unions, and the Euro

Has the Euro created a more competitive market? Using a staggered difference-in-differences design, this paper finds that the Euro has increased firm-level market power between 23% and 30%, after its adoption.

Details

Identification
10.2873/906966, 978-92-76-60465-5
Part of collection
Publication date
22 December 2022
Authors
Tommaso Crescioli | Angelo Martelli

Description

Has the Euro created a more competitive market? Using a staggered difference-in-differences design, this paper finds that the Euro has increased firm-level market power between 23% and 30%, after its adoption.

Files

7 DECEMBER 2022
Beyond the Great Reversal: Superstars, Unions, and the Euro
English
(1.25 MB - PDF)
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