Caporale, Guglielmo Maria and Girardi, Alessandro and Ventura, Marco (2011) The Euro Changeover and Price Adjustments in Italy. Centre for EMEA Banking, Finance and Economics Working Paper Series, 2011 (13). pp. 2-11.
CentreforEMEABankingFinanceAndEconomicsWorkingPaperSeries No.13 11.pdf - Published Version
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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.
|Uncontrolled Keywords:||Centre for EMEA Banking, Finance and Economics Working Paper Series, Euro change over, staggered price adjustments, inflation, inflationary, retailing, Italy.|
|Subjects:||300 Social sciences > 330 Economics|
|Department:||Guildhall School of Business and Law|
|Depositing User:||David Pester|
|Date Deposited:||20 Apr 2015 10:46|
|Last Modified:||20 Apr 2015 10:47|
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