Price inflation in the euro area has been stable and low since the Global Financial Crisis, despite notable changes in … remained stubbornly stable and low in the euro area over the past two decades. For this purpose, we exploit a rich firm …-level database to show that over the period 1995–2018 the aggregate markup in the euro area has been on the rise, mainly on account …

from 6 euro area countries, spanning several years before and after the introduction of the euro, we look at whether EMU … surrounding the euro cash changeover) retail price adjustment frequencies, both up and down, increased substantially, while the …