期刊名称：Euro Area Balance of Payments and International Investment Position Statistics
印刷版ISSN：1830-3420
电子版ISSN：1830-3439
出版年度：2014
出版社：European Central Bank
摘要：This paper studies euro changeover-related inflation using disaggregated price level data. Thedifference-in-differences approach is used and the control group for the treatment country,Estonia, is built from 12 euro area countries. The Nielsen Company disaggregated price dataare employed at product, brand and shop-type level. The results indicate that while the overallinflationary effect of euro adoption was modest, the effects were significantly different acrossvarious market segments. Changeover-related inflation was higher for products that wererelatively cheaper than the euro area average. Inflationary effects were stronger in smallershops
