Book(print)2011
The Euro changeover and price adjustments in Italy
In: CESifo working paper series 3386
In: Monetary policy and international finance
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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.
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Languages
English
Publisher
Univ., Center for Economic Studies
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