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Sweden and the Euro: The Neglected Role of EU Membership

Author

Listed:
  • Nauro Campos

    (Brunel University London [Uxbridge])

  • Fabrizio Coricelli

    (CEPR - Center for Economic Policy Research - CEPR, CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

  • Luigi Moretti,

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

Abstract

The economic gains from EU membership is in theory fairly straightforward and above all related to having access to the internal market. However, it is much more complicated to show empirically that countries gain from being members of the Union. This policy brief discusses evidence from models employing a new counterfactual method that has emerged in the literature in the last 10-15 years. The authors present results suggesting that Sweden has been one of the countries that has benefitted economically the least from EU membership, which they claim has important implications in terms of benefits from the adoption of the euro.

Suggested Citation

  • Nauro Campos & Fabrizio Coricelli & Luigi Moretti,, 2016. "Sweden and the Euro: The Neglected Role of EU Membership," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01477136, HAL.
    • Handle: RePEc:hal:cesptp:hal-01477136
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    Cited by:

    1. Nauro F Campos & Corrado Macchiarelli, 2020. "Brexit and the Euro," National Institute of Economic and Social Research (NIESR) Discussion Papers 512, National Institute of Economic and Social Research.
    2. Massimo Bordignon & Nicolò Gatti & Massimiliano Gaetano Onorato, 2023. "Getting Closer or Falling Apart? Euro Area Countries After the Sovereign Debt Crisis," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 65(2), pages 191-220, June.
    3. Nauro F Campos & Corrado Macchiarelli, 2020. "The United Kingdom and the stability of the Euro area: From Maastricht to Brexit," The World Economy, Wiley Blackwell, vol. 43(7), pages 1792-1808, July.

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