Considering a sample of 71 Italian metropolitan areas, this paper goes beyond the assumption that there exists a unique core inflationary process in a macroeconomy. We show that local long-run inflation rates can display remarkable variability. On the one hand they are negatively correlated with...

The convergence of regional electricity intensities in Italy is studied over the period from 1997 to 2007. We stress the importance of the statistical significance of the results, which point to an impressive sclerosis of the geographic distribution of the variable under scrutiny. A shift-share...