The Introduction of the Euro and Inflation: Cross-country Differences in Perceived Inflation

Lucie Svobodová

Master's thesis

Abstract:

This dissertation thesis examines the divergence of perceived inflation, measured by the EU Consumer Surveys, and officially measured inflation after the introduction of cash euro in several eurozone countries. Two groups of countries are tested in the thesis -- countries accepting the euro in 2002 and countries providing the changeover in later years. The main goal of the thesis is to test cross-country differences between officially measured and perceived inflation with respect to economic, social and cultural specifics of the countries in the eurozone, while main focus is given to examining the differences between the above-mentioned two groups of countries. The results obtained could help to derive policy conclusions for the other EU countries which have not yet accepted the common currency.

Keywords

European Union, Perceived Inflation, Euro

Keywords

Perceived Inflation, Euro, European Union

Language used: English

Date on which the thesis was submitted / produced: 15. 6. 2012

Thesis defence

• Date of defence: 7. 1. 2013
• Supervisor: Anna Klosová
• Reader: Linlin Niu

Vysoká škola ekonomická v Praze

Master programme:
Economics of Globalisation and European Integration