Showing 1 - 10 of 28
nominal debt (the other fiscal indicator used in EMU) can reduce the scope for window dressing. Simple comparison of deficit …
Persistent link: https://www.econbiz.de/10005111541
Rainy Day Funds (RDFs) have an important role in the USA. They allow States � which usually have rules requiring a balanced budget for current revenue and spending � to limit procyclical fiscal policies. This paper examines the possible role of RDFs in the European fiscal framework....
Persistent link: https://www.econbiz.de/10005609413
This paper reviews the main macroeconomic trends and the debate on policy priorities in Italy since the end of the Nineties. In the decade up to the outbreak of the global crisis (1998-2007), in Italy the reform process came to a virtual standstill; this is partly due to the fragmentation of the...
Persistent link: https://www.econbiz.de/10011100354
financial integration contributed to explain CA deterioration in the peripheral countries especially in the post-EMU period. The …
Persistent link: https://www.econbiz.de/10011105136
¿½ memory for cinema prices with questionnaires distributed to moviegoers. The analysis concentrates on the memory of pre-euro … respondents recalled the correct price, and that the average prices recalled were much lower than the actual pre-euro prices and …
Persistent link: https://www.econbiz.de/10005770754
We test whether and how the adoption of the euro, narrowly defined as the end of competitive devaluations, has affected … the euro has been accompanied by a reallocation of activity within rather than across sectors. Since its adoption … restructuring more since the adoption of the euro. Restructuring has entailed a shift of business focus from production to upstream …
Persistent link: https://www.econbiz.de/10005011988
This study investigates inflation perceptions in both qualitative and quantitative terms and their relationship with factors likely to affect them. This has been done in a unified framework through a survey of a representative sample of Italian consumers carried out at the end of 2006. The...
Persistent link: https://www.econbiz.de/10005609345
The introduction of the euro notes and coins in the first two months of 2002 was followed by a lively debate on the … alleged inflationary effects of the new currency. In Italy, as in the rest of the euro area, survey-based measures signaled a … hypothesis that, after the introduction of the euro notes and coins, consumer prices underwent an increase not recorded by …
Persistent link: https://www.econbiz.de/10005609383
Following the introduction of euro banknotes and coins many Italians perceived a much sharper increase in the price …
Persistent link: https://www.econbiz.de/10005609402