Showing 1 - 10 of 14
households in the 1° decile of consumption recorded an inflation rate which, between 1999 and 2009, was 7 percentage points … higher than the inflation rate for the 10° decile. The second is a measure of the freedom to choose an adequate food plan …
Persistent link: https://www.econbiz.de/10009369300
This paper provides a detailed insight into the magnitude of price-level differentials among Italian regions, supplementing the data collected by Istat with information on house prices and rentals collected by Agenzia del Territorio and by the Bank of Italy and with estimates from other sources....
Persistent link: https://www.econbiz.de/10004962190
Three industrial organization (IO) models suggested by Dornbusch (1987) are here adapted to study the labor-cost effects on relative prices of tradable goods between the regions of a monetary union. The assumption of imperfect and segmented goods and labor markets makes the analysis best suited...
Persistent link: https://www.econbiz.de/10005687789
This paper examines regional inflation divergence within the European EMU aiming at characterizing the properties of … inflation differentials. The empirical evidence suggests that a process of price level convergence in the EMU is well on its way. …
Persistent link: https://www.econbiz.de/10005731542
contradiction between the public�s perceptions and officially measured inflation stems mainly from the fact that the former often … refer to phenomena not captured by the inflation rate calculated for the average basket of goods and services for the whole … population. The rise in perceived inflation can be largely explained by the generally stronger influence that large, upward, and …
Persistent link: https://www.econbiz.de/10005609402
This paper aims to construct a high-frequency coincident indicator of economic activity for Lombardy and for the provinces of Milan and Pavia, by using the dynamic factor model approach introduced by Stock e Watson (1998a e 1998b). The principal component technique is first used to summarize the...
Persistent link: https://www.econbiz.de/10009651053
This paper aims to construct a high-frequency coincident indicator of economic activity for Lombardy and for the provinces of Milan and Pavia, by using the dynamic factor model approach introduced by Stock e Watson (1998a e 1998b). The principal component analysis is first used to summarize the...
Persistent link: https://www.econbiz.de/10009651054
is important for better monitoring and forecasting of inflation in the euro area. In this paper we seek to verify to what …
Persistent link: https://www.econbiz.de/10005113568
Many ways exist to measure and model financial asset volatility. In principle, as the frequency of the data increases, the quality of forecasts should improve. Yet, there is no consensus about a "true" or "best" measure of volatility. In this paper we propose to jointly consider absolute daily...
Persistent link: https://www.econbiz.de/10005812865
Questo saggio analizza il NAIRU utilizzando un VAR cointegrato e dati che riferiscono al mercato del lavoro italiano. In questo saggio si mostrerà perché un VAR cointegrato rappresenta un approccio statisticamente adeguato alla stima del NAIRU, cioè un modo efficace di superare i diversi...
Persistent link: https://www.econbiz.de/10008547019