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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...
| Autores principales: | , , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
Springer US
2023
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| Materias: | |
| 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 |