Balassone, Fabrizio - 2012
Balassone, Franco, Momigliano and Monacelli examine the process of fiscal consolidation in Italy during the Nineties … minimising distortions. According to the authors, there is now a need to shift the focus of fiscal policy from the arithmetic to … Nineties it was not the main focus of fiscal policy. Budgetary targets should allow sufficient room for manoeuvre. Size and …