The Euro Changeover and Price Adjustments in Italy

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.

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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.

Item Type: Article
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
URI: http://repository.londonmet.ac.uk/id/eprint/420

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