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The entrance of Italy in the Euro area in 2001 has given rise to a wide debate about the perception of inflation on households’ well-being. However, most of the debate has involved the measurement of the “correct†consumer price index at national level. Much less analysis has...
Persistent link: https://www.econbiz.de/10009649990
would happen if assumptions are changed so inflation have redistribution effects. Evidence on nominal positions suggests …
Persistent link: https://www.econbiz.de/10011117356
effects. Although our theory contains no money illusion, no permanent nominal rigidities, and no departure from rational …
Persistent link: https://www.econbiz.de/10008520206