Italian Abstract: Il presente lavoro analizza la sensitività delle stime del PIL potenziale e dell'output gap utilizzate nel contesto del processo di sorveglianza del Patto di stabilità e crescita. Il metodo di stima è quello della funzione di produzione adottato dalla Commissione europea e...

Targets can be very useful in policymaking within the context of the Lisbon Strategy, but they need to be used in accordance with certain criteria. In particular, there should be intermediate targets in place that directly affect final policy goals, and are easy to measure and monitor. Moreover,...

In recent years, a series of wide-ranging reforms designed to make greater use of market mechanisms has succeeded in eliminating shortages, raising efficiency and improving citizen satisfaction. Nevertheless, spending accelerated after the reforms, and per capita spending on health is now one of...

There have been concerns that employment-enhancing reforms along the lines of the 1994 OECD Jobs Strategy could inadvertently lead to increased income inequality and poverty. This paper focuses on the impact of institutions and redistributive policies on inequality and poverty with the view of...

In recent years, a series of wide-ranging reforms designed to make greater use of market mechanisms has succeeded in eliminating shortages, raising efficiency and improving citizen satisfaction. Nevertheless, spending accelerated after the reforms, and per capita spending on health is now one of...

There have been concerns that employment-enhancing reforms along the lines of the 1994 OECD Jobs Strategy could inadvertently lead to increased income inequality and poverty. This paper focuses on the impact of institutions and redistributive policies on inequality and poverty with the view of...