The case for a “new” lira
The author considers the transaction costs implied by the long-term depreciation of the Italian lira, which produced a sort of paradox: the lira is the monetary unit in Italy, but one lira coins or notes do not exist. According to the author such depreciation produces several distortions and should...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2014-02-01
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| Series: | PSL Quarterly Review |
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11688 |
| _version_ | 1828042583358570496 |
|---|---|
| author | A. CAMPOLONGO |
| author_facet | A. CAMPOLONGO |
| author_sort | A. CAMPOLONGO |
| collection | DOAJ |
| description | The author considers the transaction costs implied by the long-term depreciation of the Italian lira, which produced a sort of paradox: the lira is the monetary unit in Italy, but one lira coins or notes do not exist. According to the author such depreciation produces several distortions and should be tackled through a regrouping of the currency.
JEL: E42
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| first_indexed | 2024-04-10T17:32:37Z |
| format | Article |
| id | doaj.art-9c755a554d774d988cdea94836dd324d |
| institution | Directory Open Access Journal |
| issn | 2037-3635 2037-3643 |
| language | English |
| last_indexed | 2024-04-10T17:32:37Z |
| publishDate | 2014-02-01 |
| publisher | Associazione Economia civile |
| record_format | Article |
| series | PSL Quarterly Review |
| spelling | doaj.art-9c755a554d774d988cdea94836dd324d2023-02-03T16:43:56ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432014-02-01208010.13133/2037-3643/11688The case for a “new” liraA. CAMPOLONGOThe author considers the transaction costs implied by the long-term depreciation of the Italian lira, which produced a sort of paradox: the lira is the monetary unit in Italy, but one lira coins or notes do not exist. According to the author such depreciation produces several distortions and should be tackled through a regrouping of the currency. JEL: E42 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11688Italian liradepreciationcurrency regrouping |
| spellingShingle | A. CAMPOLONGO The case for a “new” lira PSL Quarterly Review Italian lira depreciation currency regrouping |
| title | The case for a “new” lira |
| title_full | The case for a “new” lira |
| title_fullStr | The case for a “new” lira |
| title_full_unstemmed | The case for a “new” lira |
| title_short | The case for a “new” lira |
| title_sort | case for a new lira |
| topic | Italian lira depreciation currency regrouping |
| url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11688 |
| work_keys_str_mv | AT acampolongo thecaseforanewlira AT acampolongo caseforanewlira |