The aim of this paper is twofold. First, for West Germany, France, Italy and US, we econometrically select within a ….1 percent quarterly on average at most to a 1 percentage change in the expenditure or revenue ratio). In Italy, the US and …

.K., Germany and Italy, for the period 1980:4-2009:4, encompassing macro, fiscal and financial variables. The results show that (i …

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 …

Italien leidet politisch und ökonomisch unter der Finanzkrise in der Europäischen Union. Das Wachstum ist negativ und …Mario Monti became Prime Minister of Italy in the autumn of 2011 after the refinancing of Italy’s debt in the financial … markets had almost failed. The Monti government has since made the lowering of the risk premium for Italy’s government bonds …

This paper analyzes the effects of fiscal policy in Italy by employing a database containing two statistical novelties …

Sims and Zha (1999, 2006), the empirical evidence for the U.S., the U.K., Germany, and Italy shows that it is important to … Italy. -- Bayesian Structural VAR ; fiscal policy ; housing prices ; stock prices …

, fiscal data; and (vii) analyze empirical evidence from the U.S., the U.K., Germany, and Italy. The results show that …

We simulate the macroeconomic and welfare implications of different fiscal consolidation scenarios in Italy using a …

We examine the historical dynamics of government debt in post-unification Italy,from 1861 to 2009. Unit root tests for … to variations in outstanding debt. There is indeed significant evidence that, over the history of Italy, fiscal policy …