Estonia changed over from the kroon to the euro in January 2011. This paper analyses the inflationary effect of this … imply that the inflationary impact of the euro changeover was either insignificant or small in magnitude, depending on which …-month period prior to the adoption of the euro. Although the actual effect of the euro changeover on inflation was modest, most …

This paper studies euro changeover-related inflation using disaggregated price level data. The difference …-in-differences approach is used and the control group for the treatment country, Estonia, is built from 12 euro area countries. The Nielsen … overall inflationary effect of euro adoption was modest, the effects were significantly different across various market …

This paper documents that the impact of the euro changeover in January 2002 on prices was not uniform across the 12 …