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Centre for Economic Policy Research Center for Economic Studies Maison des Sciences de l'Homme The Currency Union Effect on Trade: Early Evidence from EMU Author(s): Alejandro Micco, Ernesto Stein, Guillermo Ordoñez, Karen Helene Midelfart, Jean- Marie Viaene Source: Economic Policy, Vol. 18, No. 37, EMU Assessment (Oct., 2003), pp. 315-356 Published by: Blackwell Publishing on behalf of the Centre for Economic Policy Research , Center for Economic Studies, and the Maison des Sciences de l'Homme Stable URL: http://www.jstor.org/stable/1344738 . Accessed: 31/07/2011 10:35 Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained at . http://www.jstor.org/action/showPublisher?publisherCode=black . . Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printed page of such transmission. JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact [email protected].  Blackwell Publishing, Centre for Economic Policy Research, Center for Economic Studies, Maison des Sciences de l'Homme are collaborating with JSTOR to digitize, preserve and extend access to  Economic Policy. http://www.jstor.org

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