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Since the second half of 2011, after a period of prolonged low growth, Italy has found itself at the center of a severe economic crisis. Concerns about the sustainability of its debt burden, along with gloomy growth prospects, have pushed up the cost of government borrowing, exacerbating current...
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Since the second half of 2011, after a period of prolonged low growth, Italy has found itself at the center of a severe economic crisis. Concerns about the sustainability of its debt burden, along with gloomy growth prospects, have pushed up the cost of government borrowing, exacerbating current...
Persistent link: https://www.econbiz.de/10014041172
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We investigate the sustainability of fiscal policy in a set of 19 European Monetary Union (EMU) countries over the period 1970-2016. Panel unit root tests in the presence of cross-section dependence show that the Government debt series is stationary, indicating that the solvency condition would...
Persistent link: https://www.econbiz.de/10012909014
We investigate the sustainability of fiscal policy in a set of 19 European Monetary Union (EMU) countries over the period 1970-2016. Panel unit root tests in the presence of cross-section dependence show that the government debt series is stationary, indicating that the solvency condition would...
Persistent link: https://www.econbiz.de/10012909021
Lo scopo di questo lavoro è valutare empiricamente la relazione tra dimensione pubblica e crescita economica. Utilizzando metodologie di serie temporali applicate a dati annuali per l'Italia, vengono analizzati gli effetti della spesa pubblica, della disoccupazione e delle riforme fiscali...
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