Published in:CESifo Working Paper Series ; No. 3386
Extent:
1 Online-Ressource (11 p)
Language:
English
DOI:
10.2139/ssrn.1793743
Identifier:
Origination:
Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 24, 2011 erstellt
Description:
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