Fratzscher, Marcel; Stracca, Livio - European Central Bank - 2009
1999 hashelped insulate Italy’s financial markets from the adverse consequences of itstraditionally unstable political … system. We find that important political events haveexerted a statistically and economically significant effect on Italy …
Working PaPer SerieS
no 1064 / June 2009
DoeS it Pay to
have the euro?
italy’S PoliticS
anD financial …