Similar Search Results

Giavazzi, Francesco; Giovannini, Alberto - 2010

"Financial systems are inherently fragile because of the very function which makes them valuable: liquidity … transformation. Regulatory reforms can strengthen the financial system and decrease the risk of liquidity crises, but they cannot … between monetary policy and liquidity transformation 'optimal' monetary policy would consist of a modified Taylor rule in …

Persistent link: https://www.econbiz.de/10003995041

Central banks and the financial system

Giavazzi, Francesco; Giovannini, Alberto - 2010

Persistent link: https://www.econbiz.de/10008656276

Searching for non-Keynesian effects of fiscal policy

Giavazzi, Francesco; Jappelli, Tullio; Pagano, Marco - 1998

Persistent link: https://www.econbiz.de/10001363967

Economic and political liberalizations

Giavazzi, Francesco; Tabellini, Guido Enrico - 2004

This paper studies empirically the effects of and the interactions amongst economic and political liberalizations. Economic liberalizations are measured by a widely used indicator that captures the scope of the market in the economy, and in particular of policies towards freer international...

Persistent link: https://www.econbiz.de/10011450308

Effects of Austerity : expenditure- and tax-based approaches

Favero, Carlo A.; Giavazzi, Francesco; Alesina, Alberto - 2019

Persistent link: https://www.econbiz.de/10012125457

The effects of fiscal consolidations : theory and evidence

Alesina, Alberto; Barbiero, Omar; Favero, Carlo A.; … - 2017

Persistent link: https://www.econbiz.de/10011663114

How large are the effects of tax changes?

Favero, Carlo A.; Giavazzi, Francesco - 2009

Persistent link: https://www.econbiz.de/10011334821

Country heterogeneity and the international evidence on the effects of fiscal policy

Favero, Carlo A.; Giavazzi, Francesco; Perego, Jacopo - 2011

Persistent link: https://www.econbiz.de/10011337378

The output effect of fiscal consolidation plans

Alesina, Alberto; Favero, Carlo A.; Giavazzi, Francesco - 2014 - This version: October 2014

We show that the correct experiment to evaluate the effects of a fiscal adjustment is the simulation of a multi year fiscal plan rather than of individual fiscal shocks. Simulation of fiscal plans adopted by 16 OECD countries over a 30-year period supports the hypothesis that the effects of...

Persistent link: https://www.econbiz.de/10010463614

The effect of fiscal consolidations : theory and evidence

Alesina, Alberto; Barbiero, Omar; Favero, Carlo A.; … - 2017

Persistent link: https://www.econbiz.de/10011685098