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In the aftermath of the euro cash changeover consumers’ inflation perceptions rose substantially in the euro area countries while actual inflation figures remained almost unchanged. During that period media reporting on the potentially large inflationary effect of the euro introduction...
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effect generally improves the accuracy of consumer forecasts while the tone channel induces a media bias. …
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The demographic database of Istat (www.istat.it)is explored and the main facts are extracted and described, both at the aggregate national level as well as at the regional one. This paper is completely self-standing but, at the same time, poses the basis for a more general analysis that will be...
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