SOAS Research Online

A Free Database of the Latest Research by SOAS Academics and PhD Students

[skip to content]

Adriani, Fabrizio, Marini, Giancarlo and Pasquale, Scaramozzino 'The Inflationary Consequence of a Currency Changeover on the Catering Sector: Evidence from the Michelin Red Guide.' Oxford Bulletin of Economics and Statistics. (Forthcoming)

Warning
There is a more recent version of this item available.
Full text not available from this repository.

Abstract

This paper examines the inflationary consequences of a currency changeover in the catering market. Empirical evidence from the Michelin Red Guide shows that: i) differently from restaurants in non-euro countries, restaurants in the euro area experienced abnormal price increases just after the changeover, ii) among restaurants in the euro area, tourist restaurants are responsible for most of the abnormal price increases. These results suggest that proposed explanations for the changeover effect such as menu adjustment and rounding up are only part of the story. We present a simple model of the catering market that is consistent with the evidence.

Item Type: Journal Article
SOAS Departments & Centres: Legacy Departments > Faculty of Law and Social Sciences > School of Finance and Management
ISSN: 03059049
Date Deposited: 30 Sep 2008 11:16
URI: https://eprints.soas.ac.uk/id/eprint/5429

Altmetric Data

There is no Altmetric data currently associated with this item.

Available Versions of this Item

Statistics

Download activity - last 12 monthsShow export options
Downloads since deposit
6 month trend
0Downloads
6 month trend
160Hits
Accesses by country - last 12 monthsShow export options
Accesses by referrer - last 12 monthsShow export options

Repository staff only

Edit Item Edit Item