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Fiscal Policy and Macroeconomic Imbalances
Baldacci, Emanuele; Gupta, Sanjeev; Mulas-Granados, Carlos - Banca d'Italia - 2014
The volume collects the essays presented at the 15th Workshop on Public Finance organised by Banca d'Italia in Perugia from 4 to 6 April 2013. The workshop focused on the link between fiscal policy and macroeconomic imbalances and comprised four sessions. The first session concentrated on the...
Persistent link: https://www.econbiz.de/10011277938
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The Macroeconomics amd Macroeconomics of the Permanent Income Hypothesis.
Deaton, A. - Banca d'Italia - 1992
Persistent link: https://www.econbiz.de/10005640911
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A micro simulation model of demographic development and households' economic behavior in Italy
Ando, Albert; Nicoletti-Altimari, Sergio - Banca d'Italia - 2004
The relationship between the demographic structure and the saving rate of a society is the reflection of the … of the processes generating income, social security wealth, retirement and consumption behaviour of households, and … evolution of aggregate income, saving and asset accumulation over the period 1994-2100. If fertility and mortality assumptions …
Persistent link: https://www.econbiz.de/10005113518
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Will a Common European Monetary Policy Have Asymmetric Effects?.
Guiso, L.; Kashyap, A.K.; Panetta, F.; Terlizzese, D. - Banca d'Italia - 2000
We survey the existing work on the cross-country differences in the transmission of European monetary policy. We find that prior work, focusing on macroeconomic data, does not clearly answer the question posed in the title and offer some explanations for the ambiguity.
Persistent link: https://www.econbiz.de/10005640915
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Diario 1945 - 1947
Einaudi, Luigi - 1993
Persistent link: https://www.econbiz.de/10000875455
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Assessing the effects of monetary and fiscal policy
Neri, Stefano - Banca d'Italia - 2001
fluctuations in these variables. The second objective is to investigate if and how the effects of monetary policy are altered by … fluctuations in either variable. The magnitude of the responses of output and prices to a monetary policy shock and the …
Persistent link: https://www.econbiz.de/10005113519
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What is the Optimal Institutional Arrangement for a Monetary Union?
Gambacorta, Leonardo - Banca d'Italia - 1999
The aim of this paper is to design the optimal institutional arrangement for a monetary union. Using a two-country rational expectations model, the study analyses how the conservatism of the area-wide central bank and the penalty system for fiscal deviation (Stability and Growth Pact) should be...
Persistent link: https://www.econbiz.de/10005609368
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Macroeconomic effects of simultaneous implementation of reforms after the crisis
Gerali, Andrea; Notarpietro, Alessandro; Pisani, … - Banca d'Italia - 2014
the service sector favors a higher income tax base. Given the targeted public debt-to-GDP ratio, labor and capital income …
Persistent link: https://www.econbiz.de/10011103310