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Ascari, Guido
Vaona, Andrea
Year of Publication: 
Series/Report no.: 
Quaderni di Dipartimento, EPMQ, Università degli Studi di Pavia 192
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.
Document Type: 
Working Paper

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