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. Through both a comparative perspective and an explorative case study of Italy, this paper asks two research questions. Firstly …, it asks who holds government debt in Spain, France, Germany, and Italy. I focus in on Italy to provide, to the author …’s knowledge, the first highly disaggregated view of the holding structure of public debt. Secondly, for Italy I study …
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The study looks at primary expenditure developments in the euro area, its three largest members and four "macro-imbalances" countries for the period 1999-2009. It compares actual expenditure trends with those that would have prevailed if countries had followed neutral policies based on...
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We assess the sustainability of the public finances of Greece, Ireland, Italy, Portugal and Spain (GIIPS), allowing for …
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