D'Adamo, Gaetano; Rovelli, Riccardo - 2013
conclude that, in a catching-up country, premature euro adoption may foster excess inflation, beyond that which is to be … inflation observed in the European catching-up countries, which suggests that other factors may be at play. In these and related …-S type of regression for each regime. Our results show that, for countries which pegged to or adopted the euro, the effect of …