Giancarlo, Bertocco; Luca, Fanelli; Paolo, Paruolo - Facoltà di Economia, Università degli Studi dell'Insubria - 2002
This paper provides evidence on price markup and inflation dynamics in Italy over the period 1970-1998. We investigate the price mark-up on imported and labor costs and its relation to inflation, using cointegration techniques. It is found that, despite different policy regimes across decades,...