The euro changeover and price adjustments in Italy
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منابع مشابه
The Euro Changeover and Price Adjustments in Italy
By estimating a staggered price model over the period 1980q1-2010q2, this paper documents that, after the euro changeover, Italian retailers have increased the number of price adjustments, which has translated into a higher inflation rate, with a detrimental effect on the competitiveness of the Italian economy.
متن کاملCENTRE FOR EMEA BANKING, FINANCE & ECONOMICS The Euro Changeover and Price Adjustments in Italy
By estimating a staggered price model over the period 1980q1-2010q2, this paper documents that, after the euro changeover, Italian retailers have increased the number of price adjustments, which has translated into a higher inflation rate, with a detrimental effect on the competitiveness of the Italian economy.
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متن کاملThe Euro Cash Changeover, Inflation Perceptions and the Media
In the aftermath of the euro cash changeover consumers’ inflation perceptions rose substantially in the euro area countries while actual inflation figures remained almost unchanged. During that period media reporting on the potentially large inflationary effect of the euro introduction intensified. In this paper we argue that the information set of the public has been distorted through the sign...
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We study the impact of the Euro on prices charged by online retailers within the EU. Our data spans the period before and after the Euro was introduced, covers a variety of products, and includes countries inside and outside of the Eurozone. Our main finding is that the Euro changeover in 2002 neither mitigated price differences nor resulted in purchasing power parity for products sold online. ...
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ژورنال
عنوان ژورنال: Applied Economics Letters
سال: 2012
ISSN: 1350-4851,1466-4291
DOI: 10.1080/13504851.2011.579056