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Education, Infrastructure, Geography and Growth: An Empirical Analysis of the Development of Italian Provinces
Fabiani, S.; Pellegrini, G. - Banca d'Italia - 1997
-1992, investigating the existence of convergence and/or divergence processes, identifying groups of provinces characterised by similar … development. The evidence obtained from a non-parametric analysis of the data shows the existence of convergence over the period …
Persistent link: https://www.econbiz.de/10005486709
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The effects of fiscal shocks with debt-stabilizing budgetary policies in Italy
Caprioli, Francesco; Momigliano, Sandro - Banca d'Italia - 2011
We study the effects of fiscal policy on macroeconomic developments in Italy over the period 1982-2010 with a Structural Vector Autoregression (SVAR) model. We include public debt and impose the government budget constraint in the estimation. In contrast with previous research we also include...
Persistent link: https://www.econbiz.de/10009386396
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Consumption and fiscal policies: medium-run non-Keynesian effects
Rodano, Giorgio; Saltari, Enrico - Banca d'Italia - 2001
In this paper we study the effects of fiscal policies on current consumption, distinguishing between Keynesian effects (KE), due to changes in current disposable income, and non-Keynesian effects (NE), due to expected changes in future disposable income. The literature has argued that permanent...
Persistent link: https://www.econbiz.de/10005113559