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.

The Euro changeover and price adjustments in Italy / Girardi, Alessandro; Caporale, Guglielmo Maria; Ventura, Marco. - In: APPLIED ECONOMICS LETTERS. - ISSN 1350-4851. - 19:(2012), pp. 379-382. [10.1080/13504851.2011.579056]

The Euro changeover and price adjustments in Italy

Girardi, Alessandro;Ventura, Marco
2012

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.
2012
euro changeover; staggered price models; inflation
01 Pubblicazione su rivista::01a Articolo in rivista
The Euro changeover and price adjustments in Italy / Girardi, Alessandro; Caporale, Guglielmo Maria; Ventura, Marco. - In: APPLIED ECONOMICS LETTERS. - ISSN 1350-4851. - 19:(2012), pp. 379-382. [10.1080/13504851.2011.579056]
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11573/1246573
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