Narrow search
Showing 1 - 10 of 27
Cover Image
Exploring price and non-price determinants of trade flows in the largest euro-area countries
Giordano, Claire; Zollino, Francesco - Banca d'Italia - 2014
Since the mid-2000s standard price-competitiveness indicators for some European countries have been providing conflicting signals, particularly in Italy. Against a broad stability of the producer price (PPI)-based measure, the manufacturing unit labour cost (ULCM)-deflated indicator points to a...
Persistent link: https://www.econbiz.de/10011100399
Cover Image
CONSUMER PRICE SETTING IN ITALY
Fabiani, Silvia; Gattulli, Angela; Sabbatini, Roberto; … - Banca d'Italia - 2005
observing a price change over time and across items are positively related to headline inflation and increases in VAT rates and … Inflation Persistence Network. …
Persistent link: https://www.econbiz.de/10005113558
Cover Image
Pricing behavior and the comovement of productivity and labor: evidence from firm-level data
Marchetti, Domenico J.; Nucci, Francesco - Banca d'Italia - 2004
Recent contributions have suggested that technology shocks have a negative short-run effect on labor input, contrary to the predictions of standard flexible-price models of the business cycle. Some authors have interpreted this finding as evidence in favor of stickyprice models, while others...
Persistent link: https://www.econbiz.de/10005113636
Cover Image
The Seasonal Adjustment of the harmonised Index of Consumer Prices for the Euro Area: a Comparison of Direct and Indirect Methods.
Cristadoro, Riccardo; Sabbatini, Roberto - Banca d'Italia - 2000
is important for better monitoring and forecasting of inflation in the euro area. In this paper we seek to verify to what …
Persistent link: https://www.econbiz.de/10005113568
Cover Image
Inflation, growth and monetary control : non-linear lessons from crisis and recovery
Bruno, Michael - 1995
Persistent link: https://www.econbiz.de/10000922411
Cover Image
The Eurosystem�s asset purchase programmes for monetary policy purposes
Cova, Pietro; Ferrero, Giuseppe - Banca d'Italia - 2015
transmission channels by which the purchases can be expected to affect economic activity and inflation. Then we assess the effects …
Persistent link: https://www.econbiz.de/10011277927
Cover Image
Down the non-linear road from oil to consumer energy prices: no much asymmetry along the way
Venditti, Fabrizio - Banca d'Italia - 2010
In the past decade changes in oil prices have played a significant role in shaping inflation dynamics in the US and in …
Persistent link: https://www.econbiz.de/10008626023
Cover Image
Central Bank Independence, Centralization of Wage Bargaining, Inflation and Unemployment: Theory and Evidence
Cukierman, Alex; Lippi, Francesco - Banca d'Italia - 1998
wage, unemployment and inflation. This is done by considering a two-stage strategic interaction between a central bank (CB … wages of other unions and the reaction-function of the CB as given. In the second stage the CB picks inflation so as to … minimize the combined costs of inflation and unemployment, taking union's wage rates as given. Since unions are averse to …
Persistent link: https://www.econbiz.de/10005111579
Cover Image
Excess money growth and inflation dynamics
Roffia, Barbara; Zaghini, Andrea - Banca d'Italia - 2008
The paper analyzes the short-run impact of periods of strong monetary growth on inflation dynamics for 15 …
Persistent link: https://www.econbiz.de/10005770764