Clementi, Fabio; Gallegati, Mauro; Palestrini, Antonio - In: Economics Bulletin 30 (2010) 3, pp. 2037-2053
Based on the prices of McDonald's Big Mac hamburger in 11 Eurozone countries over the 1986–2009 period, the present article investigates whether the adoption of the euro was accompanied by an increase in inflation and how far it affected developments in price dispersion. Our results...