Deficit sustainability and fiscal theory of price level: the case of Italy, 1861–2020

We test sustainability of the Italian government deficit over the period 1861–2020 using the fiscal theory of the price level (FTPL). This approach takes into account monetary and fiscal policy interactions and assumes that fiscal policy may determine the price level even if monetary authorities pur...

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Detalles Bibliográficos
Autores principales: Congregado, Emilio, Díaz-Roldán, Carmen, Esteve, Vicente
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2023
Materias:
Original Paper
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10191102/
https://www.ncbi.nlm.nih.gov/pubmed/37362748
http://dx.doi.org/10.1007/s10663-023-09577-w

Internet

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10191102/
https://www.ncbi.nlm.nih.gov/pubmed/37362748
http://dx.doi.org/10.1007/s10663-023-09577-w

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