Literature Review on the Economic Effects of the Euro on Austria

Christian Beer ()
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Christian Beer: Vienna University of Economics and Business Administration

Monetary Policy & the Economy, 2011, issue 3, 22–34

Abstract: The possible impact of the euro on Austria has been widely discussed, as will be shown in this literature review, which focuses above all on the impact of the euro on inflation, foreign trade and economic growth. Not surprisingly, it has been quite difficult to quantify the (specific) impact of the euro, so that the academic literature contains only few hard-and-fast statements about the currency’s impact on Austria. According to the findings of the literature, the purely economic impacts of the single currency appear not to have been very large – other European integration projects that partly relate to monetary union appear to have had a stronger influence on Austria’s economy.

Keywords: Economic and Monetary Union; inflation; international trade (search for similar items in EconPapers)
JEL-codes: E31 E42 F40 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (1)

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