Piga, Claudio A.; Bachis, Enrico - School of Business and Economics, Loughborough University - 2006
Using more than 10 million on-line fares, we study the determinants of yearly fares’ changes in June 2002-June 2005. We verify whether airlines took advantage, after the Euro introduction, of potential inflationary pressures by increasing their fares more in routes to Eurozone nations. The...