The Italian Lira: the exchange rate and employment in the ERM
- with Kostantinos Efstathiou and Fabio Matera
- Jan 13, 2017
- 1 min read
In the decades before Italy joined the Euro, the Lira was devalued many times relative to the Deutschmark. Were these re-alignments accompanied by long term improvements on the labour market? The data suggests this was not the case.
Read the whole blog post here.
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