Buiatti, Cesare; Carmeci, Gaetano; Mauro, Luciano - In: Journal of Policy Modeling 36 (2014) 1, pp. 43-62
In this paper we reconstruct the macro regional government deficits of Italy and find that the aggregate deficit resulting from our estimates captures quite well the entire dynamics of the Italian national public deficit. This new data set shows that the ultimate cause of the accumulation of...
