The aim of the paper is to estimate a reliable quarterly time-series of potential output for the Italian economy, exploiting four alternative approaches: a Bayesian unobserved component method, a univariate time-varying autoregressive model, a production function approach and a structural VAR....

The economic performance of Austria and Italy during the last two decades is analysed by economists from both countries. Their contributions interpret observed historical facts starting from a macroeconomic level down to disaggregated structural issues. The performance as well as prospects of...

Keynesian economics dominated economic thought and macroeconomic policy-making in the 1950s and 1960s. However, the diffusion of Keynesian economics has been uneven. In this paper, we compare the spread of Keynesian economics in two continental European countries: Belgium and Italy. We focus on...

In this paper, we investigate possible sources of declining economic growth performance in Italy starting around the middle of the '90s. A long-run data analysis suggests that the poor performance of the Italian economy cannot be ascribed to an unfortunate business cycle contingency. The rest of...