How does the introduction of the euro affect prices? Part I: a survey of arguments (in Dutch)
AbstractIn this paper we discuss whether the introduction of the euro may cause price changes. Besides a critical survey of the theoretical arguments supporting price effects, we discuss the empirical evidence on price effects obtained from comparable events. Neither the theoretical arguments nor the empirical findings convincingly support the view that the introduction of the euro will cause a significant rise in prices. Moreover, in the medium term, the introduction of the euro may even lead to lower prices.
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Bibliographic InfoPaper provided by Netherlands Central Bank, Research Department in its series WO Research Memoranda (discontinued) with number 654.
Date of creation: 2001
Date of revision:
euro introduction; inflation;
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