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Inflation Bias after the Euro: Evidence from the UK and Italy

[Zeitschriftenartikel]

Scaramozzino, Pasquale; Marini, Giancarlo; Piergallini, Alessandro

Zitationshinweis

Bitte beziehen Sie sich beim Zitieren dieses Dokumentes immer auf folgenden Persistent Identifier (PID):http://nbn-resolving.de/urn:nbn:de:0168-ssoar-239519

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Abstract This paper presents an indirect approach to investigate the possible existence of measurement error bias in the Harmonized Index of Consumer Prices for the UK and Italy. Our empirical results show that there is no significant evidence of a bias for the UK, nor for Italy prior to the introduction of the Euro. Since January 2002, however, the inflation rate in Italy has been underestimated by at least 6 percentage points.
Sprache Dokument Englisch
Publikationsjahr 2007
Seitenangabe S. 461-470
Zeitschriftentitel Applied Economics, 39 (2007) 4
DOI http://dx.doi.org/10.1080/00036840500438962
Status Postprint; begutachtet (peer reviewed)
Lizenz PEER Licence Agreement (applicable only to documents from PEER project)
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