Arachi, Giampaolo; Bucci, Valeria; Longobardi, Ernesto; … - In: FinanzArchiv: Public Finance Analysis 68 (2012) 4, pp. 445-465
We discuss the strengths and weaknesses of the fiscal consolidation package adopted by Italy in 2011. Estimated at 3.3% of GDP, the tax measures were introduced to reduce public deficits without weakening the prospects of economic recovery or producing adverse redistributive outcomes. The tax...