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Since November 2014, the population's real disposable money income have been steadily on the decline. Data for January – September 2015 point to a rising poverty rate. In 2015, the share of personal income spent on commodities and services hit its record low of the past 16 years. The share of...
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shock. Money supply should be allowed to grow according to the real output of the economy but excess growth of money causes …
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The aim of this article is to analyze the relationship between public spending and GDP controlling for the money supply in Italy for the period 1990-2010 at a disaggregated level, using a time series approach. After a brief introduction, a survey of the economic literature on this issue is...
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