The euro changeover and price adjustments in Italy

Guglielmo Maria Caporale, Alessandro Girardi and Marco Ventura

Applied Economics Letters, 2012, vol. 19, issue 4, 379-382

Abstract: By estimating a staggered price model over the period 1980Q1 to 2010Q2, this article 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.

Date: 2012
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Working Paper: The Euro Changeover and Price Adjustments in Italy (2011)
Working Paper: The Euro Changeover and Price Adjustments in Italy (2011)
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DOI: 10.1080/13504851.2011.579056

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