The Euro Changeover and Price Adjustments in Italy

Guglielmo Maria Caporale, Alessandro Girardi and Marco Ventura

No 3386, CESifo Working Paper Series from CESifo

Abstract: 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, with a detrimental effect on the competitiveness of the Italian economy

Keywords: Euro changeover; staggered price adjustments; inflation (search for similar items in EconPapers)
JEL-codes: C22 E31 (search for similar items in EconPapers)
Date: 2011
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Related works:
Journal Article: The euro changeover and price adjustments in Italy (2012)
Working Paper: The Euro Changeover and Price Adjustments in Italy (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_3386

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