The estimations of the value of fiscal multipliers are an issue strongly debated by macroeconomic literature. Given the goal to reduce the debt/GDP ratio, this article shows the linkage between this ratio and the value of fiscal multipliers, emphasising that the composition of the recent Italian fiscal measures also matters.
Scholars’ views on the “insulation value” of different exchange rate arrangements vary widely. The aim of this paper is to see if there is a way to reconcile those views.
The aspect that characterizes public housing in Rome is social inequality respect of the rest of the city. The index of “social disease” calculated on the basis of unemployment, employment, youth concentration and schooling, making zero the Roman average, is equal to 12.6
What was the cause of the serious growth forecast errors during the Euro crisis? According to the former IMF Chief economist Olivier Blanchard it was an underestimation of the “Keynesian multipliers”, which also led to understate the contractionary effects of austerity. Alberto Alesina, Carlo Favero and Francesco Giavazzi aim for a confutation of this argument and in their new book suggest an alternative interpretation. Emiliano Brancaccio and Fabiana De Cristofaro – author and co-author of “Anti-Blanchard Macroeconomics” – take side with the French economist this time, providing new empirical evidence that supports his point.
Il debito pubblico non è un indicatore esaustivo dell’esposizione finanziaria del settore pubblico e va affiancato ad altre grandezze come, ad esempio, le passività finanziarie.
Regole europee e uscita dall’euro | GUARDA IL VIDEO IN BASSO . Il Direttore di economiaepolitica.it Riccardo Realfonzo discute del tema delle divergenze economiche nell’eurozona, degli effetti negativi […]
This article highlights the relationship between labor market deregulation and the number of workers living in absolute poverty in 15 countries of the European Union.
The faculty a recent law has given to the Venice Municipality to establish a day-tripper entrance ticket to the insular/inner city is a new arrival onto the panorama − at least, the Italian panorama − of urban policies. The adoption of a system of differentiated tariffs based on time for the whole range of touristic services (RTZ-pass, tourist tax, museums and exhibitions tickets and so on) appears hence to be a more suitable and viable tool.
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