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This paper uses the euro cash changeover to test theories of finite informationprocessing capacities on the side of consumers. It argues that the denomination of prices in a new currency has increased the information-processing requirements for consumers by more than for sellers, a wedge that...
Persistent link: https://www.econbiz.de/10013317681
factors that are found to have affected changes in exchanges rate levels are policy actions at the EU level and by the ECB …
Persistent link: https://www.econbiz.de/10013083696