Pricing Decisions in the Euro Area

Silvia Fabiani is a senior economist at the Research Department of Banca d'Italia. Her recent research involves monitoring and forecasting the short-term developments of inflation in Italy and the euro area, styding long-term price dynamics and its determinants, and analyzing structural issues concerning price setting across countries and sectors. Claire Loupias was a senior economist at teh Research Department of Banque de France while writing this book. She is now Assistant Professor at EPEE, Universite d'Evry (France). Her recent research involves the analysis of price setting. She has worked in various fields such as the monetary transmission mechanism and population aging. Fernando Martins is a senior economist at the Research Department of the Banco de Portugal. The implementation of monetary policy under uncertainty and the analysis of price stickiness based on survey data are his most recent topics of research. He is also Professor of Statistics and Data Analysis at the Universidade Lusiada of Lisbon. Roberto Sabbatini is a senior economist at the Research Department of Banca d'Italia. His recent research involves the short-term analysis of the Italian economy and that of the euro area, including forecasting, the analysis of the inflationary process and its determinants, and the impact of the euro cash changeover on consumer prices in Italy as well as in the euro area.