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The relationship between financial development and economic growth has received enormous attention in the economic literature of the last decade. The widely accepted consensus finding is that financial development has a positive effect on growth at either aggregate, or industry or firm levels....
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Italian Abstract: La relazione, dopo aver dato conto dell'evoluzione dei rapporti di potere all'interno dell'Unione (fra Istituzioni, fra UE e Stati membri, con cenni alla c.d. troika), si concentra sulla libertà "dai" trattati, intesa principalmente come possibilità di rinegoziarli e...
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degrees across areas and countries. In the Eurozone, whose growth is estimated to be lower than global growth, Italian GDP is … corporate debt rose. In Italy, the ratio of public debt to GDP is expected to reach a level significantly higher compared to the … Eurozone average at the end of 2021 (159% and 102%, respectively), while the ratio of private debt to GDP, although on the rise …
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The paper analyses the labour market in a framework of New Keynesian Economics (NKE). The aim of the NKE is to provide micro foundations to the main result of the Keynesian model, that is the rigidity of prices and wages as well as the presence of non market clearing equilibria. In the first...
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