Caporale, Guglielmo Maria; Girardi, Alessandro; … - 2011
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. -- Euro changeover ; staggered price adjustments …