Analyzing the Effect of Internal Devaluation Policies on European Export Demand – A Panel Analysis on Industry Level
After the outbreak of the financial crisis in Europe in 2008, the strategies to antagonize its con-sequences, involved the implementation of internal devaluation policies such as nominal wage suppressions. The effectiveness of these policies has undergone various studies with rather negative criticism and evaluation. To produce further research and perform an empirical analy-sis in this field, thi