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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Year of publication:	2011
Authors:	Caporale, Guglielmo Maria ; Girardi, Alessandro ; Ventura, Marco
Publisher:	Berlin : Deutsches Institut für Wirtschaftsforschung (DIW)
Subject:	Euro \| Währungsumstellung \| Einzelhandelspreispolitik \| Anpassung \| Inflation \| Italien \| euro changeover \| staggered price adjustments \| inflation

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Series:	DIW Discussion Papers ; 1114
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	684562502 [GVK] hdl:10419/55298 [Handle] RePEc:diw:diwwpp:dp1114 [RePEc]
Classification:	C22 - Time-Series Models ; E31 - Price Level; Inflation; Deflation
Source:	EconStor

Persistent link: https://www.econbiz.de/10010286297