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Fiscal Policy and Macroeconomic Imbalances
Baldacci, Emanuele; Gupta, Sanjeev; Mulas-Granados, Carlos - Banca d'Italia - 2014
The volume collects the essays presented at the 15th Workshop on Public Finance organised by Banca d'Italia in Perugia from 4 to 6 April 2013. The workshop focused on the link between fiscal policy and macroeconomic imbalances and comprised four sessions. The first session concentrated on the...
Persistent link: https://www.econbiz.de/10011277938
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The effects of fiscal shocks with debt-stabilizing budgetary policies in Italy
Caprioli, Francesco; Momigliano, Sandro - Banca d'Italia - 2011
We study the effects of fiscal policy on macroeconomic developments in Italy over the period 1982-2010 with a …
Persistent link: https://www.econbiz.de/10009386396
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The effetcs of fiscal policy in Italy: Evidence from a VAR model
Giordano, Raffaela; Momigliano, Sandro; Neri, Stefano; … - Banca d'Italia - 2008
This paper studies the effects of fiscal policy on private GDP, inflation and the long-term interest rate in Italy … Quarterly Reports. The main results of the study can be summarized as follows. A shock to government purchases of goods and … services has a sizeable and robust effect on economic activity: an exogenous one per cent (in terms of private GDP) shock …
Persistent link: https://www.econbiz.de/10005111574
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Fiscal Consolidations Under Fixed Exchange Rates.
Caselli, P. - Banca d'Italia - 1998
We present the "fixed exchange rate" version of the Obstfeld and Rogoff model analyze the international transmission of fiscal policy shocks. It is shown that the welfare effects of an unanticipated contraction in government expenditure in the home country crucially depend on the way in which...
Persistent link: https://www.econbiz.de/10005640913
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Fiscal Consolidations under Fixed Exchange Rates
Casell, Paola - Banca d'Italia - 1998
We present the “fixed exchange rate” version of the Obstfeld and Rogoff model and analyze the international transmission of fiscal policy shocks. It is shown that the welfare effects of an unanticipated contraction in government expenditure in the home country crucially depend on the way in...
Persistent link: https://www.econbiz.de/10005113642
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Diario 1945 - 1947
Einaudi, Luigi - 1993
Persistent link: https://www.econbiz.de/10000875455
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The economyc policy of fiscal consolidations: The european experience
Zaghini, Andrea - Banca d'Italia - 1999
This paper investigates the relationship between fiscal contractions, permanent improvements in public finances and short-run economic performance. The empirical evidence gathered from the European experience over the last three decades shows clearly that the composition of fiscal adjustments...
Persistent link: https://www.econbiz.de/10005111547
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The Economic Policy of Fiscal Consolidations: The European Experience.
Zaghini, A. - Banca d'Italia - 1999
This paper investigates the relationship between fiscal contractions, permanent improvements in public finances and short-run economic performance.
Persistent link: https://www.econbiz.de/10005640934
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European unemployment : the role of shocks and institutions : il ruolo degli shock e delle istituzioni
Blanchard, Olivier - 2000
Persistent link: https://www.econbiz.de/10001522552