Memory for prices and the euro cash changeover: an analysis for cinema prices in Italy

Vincenzo Cestari, Paolo Giovane and Clelia Rossi-Arnaud
Additional contact information
Vincenzo Cestari: Lumsa University
Paolo Giovane: Bank of Italy
Clelia Rossi-Arnaud: University of Rome “La Sapienza”

Chapter 5. in The Euro, Inflation and Consumer’s Perceptions, 2008, pp 125-155 from Springer

Abstract: Abstract The lively debate in the post-changeover period shows that consumers have strong opinions on inflation. In principle, this implies that they should be able to calculate, at least roughly, the rate of change in the prices of the wide range of goods and services included in the official index, given that inflation is the rate of change of these prices between two moments in time. To do so, however, they need to remember the past prices of these products. Even considering the individual’s personal experience of inflation, rather than the average inflation in a country, consumers should at least be able to remember the past prices of the products that make up their personal consumption basket. The question addressed by this study is whether they actually can.

Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (4)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-78370-1_6

Ordering information: This item can be ordered from
http://www.springer.com/9783540783701

DOI: 10.1007/978-3-540-78370-1_6

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().