The case for a positive euro area inflation target - Temi di discussione
25 The optimal inflation rates for France and Germany then increase slightly, while the optimal rate for Italy remains largely unchanged. As a result, the ...
Memory for prices and the euro cash changeover - SSRNThis suggests that the more frequently they buy items, the better is consumers' memory for prices. This in turn is consistent with the empirical evidence that. John Murray: Measuring inflation ? methodology and misconceptionsInflation is, of course, defined as a persistent increase in the average price of goods and services; in other words, a trend increase in the ... The Behaviour of Consumer Prices Across ProvincesIn such an inflationary environment, market participants can no longer be sure whether price changes are signalling a change in supply or demand ...
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