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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 …
Persistent link: https://www.econbiz.de/10010275698
This paper studies firms' price-setting decision during a currency changeover. Buyers' difficulties with the new nominal price level create incentives to raise prices temporarily but doing so comes at the risk of damaging a seller's reputation in the long run. We model firms' trade-off and study...
Persistent link: https://www.econbiz.de/10010534896
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 …
Persistent link: https://www.econbiz.de/10008533991
-to-consumer ecommerce for prices and inflation in the euro area. It highlights three key results. First, whether online prices and inflation … low, these transitory effects will likely persist at the euro area level for several years. Third, online prices change …
Persistent link: https://www.econbiz.de/10014374698
The coronavirus (COVID-19) pandemic caused a deep recession globally, as well as in the euro area, accompanied by a …
Persistent link: https://www.econbiz.de/10014374702
-to-consumer ecommerce for prices and inflation in the euro area. It highlights three key results. First, whether online prices and inflation … low, these transitory effects will likely persist at the euro area level for several years. Third, online prices change …
Persistent link: https://www.econbiz.de/10014316098
The coronavirus (COVID-19) pandemic caused a deep recession globally, as well as in the euro area, accompanied by a …
Persistent link: https://www.econbiz.de/10014316422
This paper reviews analytical work carried out by central banks that participated in the Autumn Meeting of Central Bank Economists on "The evolving inflation process" which the BIS hosted on 28-29 October 2005. The paper first discusses efforts to document the univariate statistical properties...
Persistent link: https://www.econbiz.de/10005063332
Persistent link: https://www.econbiz.de/10010417154
This paper investigates the link between product quality and price setting for central processing units (CPUs). Using thousands of price quotes from a popular price-comparison website, we find that market fundamentals, such as the number of sellers, median price, share of convenient prices and...
Persistent link: https://www.econbiz.de/10012497959