The euro changeover and price adjustments in Italy

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Series Details No. 3386, March 2011
Publication Date 2011
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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.

Source Link Link to Main Source http://www.cesifo-group.de/portal/pls/portal/docs/1/1202035.PDF
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