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Regional inflation persistence : evidence from Italy

  • Vaona, Andrea Istituto di ricerche economiche (IRE), Facoltà di scienze economiche, Università della Svizzera italiana, Svizzera
  • Ascari, Guido Department of Economics and Quantitative Methods, University of Pavia, Italy
    2008

21 p

Inflation persistence
Retail sector
Regions
English Regional patterns of inflation persistence have received attention only at a very coarse level of territorial disaggregation, that of EMU member states. However economic disparities within EMU member states are an equally important policy issue. This paper considers a country with a large regional divide, i.e., Italy, at a fine level of territorial disaggregation (NUTS3). Our results show that economically backward regions display greater inflation persistence. Moreover, we show that higher persistence is linked to a lower degree of competitiveness in the retail sector.
Language
  • English
Classification
Economics
License
License undefined
Open access status
green
Identifiers
  • RERO DOC 9651
  • ARK ark:/12658/srd1318048
Persistent URL
https://n2t.net/ark:/12658/srd1318048
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