Showing 1 - 10 of 49
This paper investigates the microeconomic behaviour of consumer prices in Italy using the individual price records … underlying the Italian CPI dataset collected by Istat. We discuss how to analyse price stickiness using such a detailed database … and compute a quantitative measure of the unconditional degree of price rigidity in the Italian economy. The analysis …
Persistent link: https://www.econbiz.de/10005113558
This study examines price setting behaviour of Italian firms on the basis of the results of a survey conducted by Banca … services where price discrimination across customers matters. Rival prices mostly affect price-setting strategies in industrial …. Concerning the frequency of price adjustments, a considerable degree of stickiness emerges both at the stage in which firms …
Persistent link: https://www.econbiz.de/10005113548
three conclusions. Firstly, the evidence suggest that the large price increases in this industry are mostly not due to the … cash changeover; the event might have focussed public attention on the cumulative price increases which took place before … the changeover, reflecting costs and demand. Secondly, the rise in the average meal price was mainly due to a larger …
Persistent link: https://www.econbiz.de/10005113562
This paper investigates the relationship between exchange rate fluctuations and the investment decisions of a sample of Italian manufacturing firms. The results support the view that a depreciation of the exchange rate has a positive effect on investment through the revenue channel, and a...
Persistent link: https://www.econbiz.de/10005640935
We investigate whether the completion of the Single Market Programme has enhanced competition on the product markets across European countries, taking into account the companion structural reforms undertaken by the member countries, particularly in the labour market and the institutional setting...
Persistent link: https://www.econbiz.de/10008764020
then attempt to estimate. We find evidence that seasonal movements characterise most price series, though some differences …
Persistent link: https://www.econbiz.de/10005671378
This paper supplies elements for assessing the costs and benefits of electronuclear energy in order to pursue three objectives: security of supply, cost reduction, and environmental sustainability. The study reached the following conclusions: 1) the use of nuclear energy increases the...
Persistent link: https://www.econbiz.de/10009654308
Technological developments have made it possible to exploit hitherto unexplored hydrocarbon resources. To date the only energy market which has experienced rapid changes as a result is that in the United States, thanks not only to its abundant reserves but also to its exemption from the...
Persistent link: https://www.econbiz.de/10011099605
This paper studies the impact of demographic shifts, energy prices and climate factors on Italian households� energy budget. The pattern of energy expenditure of Italian households is studied using the Italian Household Budget Survey. The expenditure for heating, private transport and...
Persistent link: https://www.econbiz.de/10009320178
This paper presents a method of estimating the energy expenditure of Italian manufacturing firms with 20 or more employees for the period 2003-11. Use is made of multiple sources in order to impute firm-level energy consumption in the dataset of the Bank of Italy�s Survey of Industrial and...
Persistent link: https://www.econbiz.de/10011100361