Sweden and the Euro: The Neglected Role of EU Membership (2016:15epa)

Sweden and the Euro: The Neglected Role of EU Membership (2016:15epa)

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.

The publication is in English and is part of SIEPS´ research project Europe 2020: The EU´s Growth Strategy.

 

Nauro F. Campos is Professor of Economics and Finance at Brunel University, London. Fabrizio Coricelli is Professor of Economics at Paris School of Economics, University Paris 1 Panthéon-Sorbonne, and Luigi Moretti is Assistant Professor of Economics at Centre d'Economie de la Sorbonne, University Paris 1 Panthéon-Sorbonne.