This study investigates inflation perceptions in both qualitative and quantitative terms and their relationship with factors likely to affect them. This has been done in a unified framework through a survey of a representative sample of Italian consumers carried out at the end of 2006. The...

Using CPI micro data for 11 euro area countries covering about 60% of the euro area consumption basket over the period 2010-2019, we document new findings on consumer price rigidity in the euro area: (i) each month on average 12.3% of prices change, which compares with 19.3% in the United...

The flattening of the Phillips curve observed in the industrial countries has been attributed to globalisation, while the traditional explanation centres on monetary policy credibility. The empirical literature is not conclusive, since macroeconomic data are affected by substantial...

Italian Abstract: Il lavoro analizza i più recenti andamenti nel mercato delle locazioni residenziali all'interno dei capoluoghi di provincia italiani, sulla base di una nuova banca dati di offerte di affitto. Lo studio ne valuta innanzitutto la coerenza con le attuali fonti statistiche...

Transfers can do good; however, they can also result in massive failures. This paper presents a model that highlights the ambiguous nature of the impact of transfers on local endowments of social capital. It then describes an empirical investigation that illustrates that the receipt of EU...

In this paper we provide new estimates of the real and financial wealth of Italian households by region from 1998 to 2005, following the methodology of Cannari et al. (2006) who used regional series to break down the national figures in order to obtain territorial data. With respect to the...

This paper studies the effect of competitive pressures on inflation dynamics. To this end it derives and estimates a New Keynesian Phillips curve in a model with endogenous firm entry. The number of active firms is inversely related to their market power. By taking into account the number of...