The Euro changeover and price adjustments in Italy

Guglielmo Maria Caporale ; Alessandro Girardi; Marco Ventura

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. -- Euro changeover ; staggered price adjustments ; inflation

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Year of publication:	2011
Authors:	Caporale, Guglielmo Maria ; Girardi, Alessandro ; Ventura, Marco
Publisher:	München : CESifo
Subject:	Euro \| Währungsumstellung \| Currency changeover \| Einzelhandelspreis \| Retail price \| Anpassung \| Adjustment \| Inflation \| Italien \| Italy

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Extent:	Online-Ressource (PDF-Datei: 10 S., 97 KB)
Series:	CESifo working papers. - München : [Verlag nicht ermittelbar], ISSN 2364-1428, ZDB-ID 2065232-X. - Vol. 3386
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Parallel als Druckausg. erschienen Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/46544 [Handle]
Classification:	C22 - Time-Series Models ; E31 - Price Level; Inflation; Deflation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10009011167