We present a new approach to study empirically the effect of the introduction of the euro on currency invoicing. Our … home currency invoicing after the introduction of the euro. In addition, the euro as a vehicle currency has overtaken the … role of the US dollar in Norwegian imports. The econometric analysis shows a significant effect of euro introduction above …

By estimating a staggered price model over the period 1980q1-2010q2, this paper documents that, after the euro … changeover, Italian retailers have increased the number of price adjustments, which has translated into a higher inflation rate …

By estimating a staggered price model over the period 1980q1-2010q2, this paper documents that, after the euro … changeover, Italian retailers have increased the number of price adjustments, which has translated into a higher inflation rate …

We find strong econometric support for a break in the relationship between perceived and HICP inflation in the euro … area, triggered by the introduction of euro notes and coins in January 2002. The break is fairly homogeneous across … individuals with different socio-economic characteristics. We found no support for the thesis according to which perceptions are …

This report updates and extends earlier assessments of quantitative inflation perceptions and expectations of consumers … defining concrete aggregate indicators of consumers' quantitative inflation perceptions and expectations on the basis of the … in the euro area and the EU using an anonymised micro data set collected by the European Commission in the context of the …

to popular perception high inflation is not necessary for fast convergence. Moreover the trajectories of certain euro … towards the regression line but there is no shorter-term trade-off between fast real convergence and low inflation. Contrary …. However retaining one's national currency is not risk-free, even if domestic inflation is low, and even though subsequent …

This paper explores the evolution and determinants of public support for the euro since its creation in 1999 until the … end of 2017, thereby covering the pre-crisis experience of the euro, the crisis years and the recent recovery. Using … public support for the euro. First, we find that a majority of respondents support the euro in nearly all 19 euro area member …

Restaurant prices in the Euro area saw an unprecedented increase after the introduction of the Euro. We use an … costs. The extension we use involves the state-dependent decision of firms about when to adopt the Euro. Two main mechanisms … drive the result. First, our model concentrates otherwise staggered price increases around the introduction of the Euro …

We use scanner data to estimate inflation rates at the household level. Households' inflation rates have an annual … inflation, but most cross-sectional variation is uncorrelated with observables. Households' deviations from aggregate inflation … exhibit only slightly negative serial correlation. Almost all variability in a household's inflation rate comes from …