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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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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