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This paper investigates the in inflationary effects of fscal policy in an optimizing general equilibrium monetary model with capital accumulation, exible prices and wealth effects. The model is calibrated to Euro Area quarterly data. Simulation results show that government defcits, high debt...
Persistent link: https://www.econbiz.de/10009635879
research and findings from FRA missions to Italy. The advice provided therein is conceived in a manner as to be valid for the …
Persistent link: https://www.econbiz.de/10011977226
loans, credit and credit cards) and four countries (France, Italy, Poland and the UK). Results were extrapolated to the EU28 …
Persistent link: https://www.econbiz.de/10011998851
The aim of this paper is twofold. First, for West Germany, France, Italy and US, we econometrically select within a ….1 percent quarterly on average at most to a 1 percentage change in the expenditure or revenue ratio). In Italy, the US and …
Persistent link: https://www.econbiz.de/10009635887
This study examines price setting behaviour of Italian firms on the basis of the results of a survey conducted by Banca du0092Italia in early 2003 on a sample of around 350 firms belonging to all economic sectors. Prices are mostly fixed following standard mark-up rules, although...
Persistent link: https://www.econbiz.de/10009636703
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Anti-islamic reactions in the EU after the terrorist acts against the USA observed in Italy. …
Persistent link: https://www.econbiz.de/10009638509
Persistent link: https://www.econbiz.de/10009638781