Price Development upon Introduction of Euro Banknotes and Coins

Detailed comparisons with Germany and Switzerland as well as an analysis of the time pattern of sub-indices of the Consumer Price Index provide no indication that the introduction of the euro had any strong inflationary impact. In some sectors (chiefly in services), however, price increases did occu...

Ausführliche Beschreibung

Bibliographische Detailangaben
Link(s) zu Dokument(en):WIFO Publikation
Veröffentlicht in:Austrian Economic Quarterly
1. Verfasser: Wolfgang Pollan
Format: article
Sprache:Englisch
Veröffentlicht: 2002
Schlagworte:
Beschreibung
Zusammenfassung:Detailed comparisons with Germany and Switzerland as well as an analysis of the time pattern of sub-indices of the Consumer Price Index provide no indication that the introduction of the euro had any strong inflationary impact. In some sectors (chiefly in services), however, price increases did occur, which may have been related to the adoption of the new currency.