Luque, JaimeTaamouti, AbderrahimUniversidad Carlos III de Madrid. Departamento de Economía2013-09-192013-09-192013-092340-5031https://hdl.handle.net/10016/14893We present empirical evidence on whether the introduction of the euro has changed the effect of economic fundamentals on the growth rates of euro countries’ GDPpc and GDPpc volatility. We find that the effect of increments in debt on economic growth exhibits a structural break in 1999. A robustness check attributes this break to the financial crisis, however. There is also a statistically significant structural break in the impact of increments in government debt on economic uncertainty. This result is robust to a battery of robustness checks, including exclusion of the recent financial crisis period and comparison with non-euro European countries.text/plainapplication/pdfapplication/pdfengAtribución-NoComercial-SinDerivadas 3.0 EspañaGDPpc growth rateGDPpc growth rate volatilityFundamentalsGovernment debtCurrency unionEuro zoneworking paperE02E52F00F02F15F33F34F36F42Economíaopen accessDT/0000000836we1221