Attractive Prices and Euro-Rounding Effects on Inflation
Approximately 70% of Belgian consumer prices are to be considered as attractive prices, namely psychological prices, fractional prices - i.e. prices which are convenient to pay - and round prices. Conversion to these prices into euro generally leads to prices which are no longer attractive and it is very likely that retailers will round their prices to attractive euro prices. The public fears that rouding will be upward than symmetric. This paper simulates in the first instancea worst-case scenario, whereby all attractive BEF prices are systematically rounded up to the nearest attractive euro price.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||2001|
|Contact details of provider:|| Postal: University of Warwick, Development Economics Research Center, Coventry CV4 7AL, United Kingdom.|
Phone: +44 (0) 2476 523202
Fax: +44 (0) 2476 523032
Web page: http://www.warwick.ac.uk/fac/soc/Economics/
More information through EDIRC