Euro-Illusion: A Natural Experiment

Edmund Cannon and Giam Pietro Cipriani

Journal of Money, Credit and Banking, 2006, vol. 38, issue 5, 1391-1403

Abstract: We collect and analyse data on church collections to assess whether the introduction of Euro notes and coins had real effects on giving. Data for Italy suggests that money is not completely neutral while Irish data suggests a lower degree of money illusion. A smaller data set from continental Europe suggests different sorts of money illusion.

Date: 2006
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Working Paper: Euro-illusion: a natural experiment (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:mcb:jmoncb:v:38:y:2006:i:5:p:1391-1403

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