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's intertemporal budget constraint. Our empirical analysis, based on Italy, shows that the Italian government is meeting its …
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the time series approach (Trehan and Walsh, 1988). In this paper we analyze the sustainability of public debt in Italy … public debt in Italy following the approach proposed both by Trehan and Walsh (1988, 1991) and Bohn (1991). -- intertemporal …
Persistent link: https://www.econbiz.de/10009535101
sovereign risk of Italy over the last five years. More than fifty events concerning non-standard operations are identified and … of Italy. …
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empirical and considers the case of Italy, one of the world's largest debt issuer. We study the potential effects on the …
Persistent link: https://www.econbiz.de/10010418130
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