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Facoltà di Economia >
CEIS - Centre for International Studies on Economic Growth >
Research papers >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/2108/64
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Full metadata record
| DC Field | Value | Language |
|---|
| contributor.author | Marini, Giancarlo | - |
| contributor.author | Adriani, Fabrizio | - |
| contributor.author | Scaramozzino, Pasquale | - |
| date.accessioned | 2005-10-17T10:00:53Z | - |
| date.available | 2005-10-17T10:00:53Z | - |
| date.issued | 2003-07 | - |
| identifier.uri | http://ssrn.com/abstract=428522 | - |
| identifier.uri | http://hdl.handle.net/2108/64 | - |
| description.abstract | This paper examines the inflationary consequences of a currency changeover in a simple model of the catering market. It is shown that the change in cash denomination acts as a coordination device shifting the industry to a high-price equilibrium. Empirical evidence based on data from the Michelin Red Guide strongly supports the predictions of our model against competing explanations. A permanent change in relative prices has taken place in Euroland, with strong redistributional effects in favour of some segments of the catering sector. | en |
| format.extent | 308229 bytes | - |
| format.mimetype | application/pdf | - |
| language.iso | en | en |
| publisher | CEIS | en |
| relation.ispartofseries | CEIS Tor Vergata Research Paper | en |
| relation.ispartofseries | 27 | en |
| title | The Inflationary consequences of a currency changeover: evidence from the Michelin Red guide | en |
| type | Article | en |
| Appears in Collections: | Research papers
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Files in This Item:
| File |
Description |
Size | Format |
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| ssrn-id428522.pdf | | 301Kb | Adobe PDF | View/Open |
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