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Title: The Euro changeover and price adjustments in Italy
Authors: Caporale, GM
Girardi, A
Ventura, M
Keywords: Euro changeover;Staggered price adjustments;Inflation
Issue Date: 2011
Publisher: Brunel University
Citation: Economics and Finance Working Paper, Brunel University, 11-01
Abstract: 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.
Appears in Collections:Economics and Finance
Dept of Economics and Finance Research Papers

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