Stagnazione e crescita in Italia
AbstractIn the last decades the economy in Italy has been growing less and less, with a clear evidence of decline. Such a situation is mostly due to the weakness of its socio-economic system, but two questions rise naturally: 1) Has its monetary policy been contributing to the decline, by alternating periods of heavy devaluation and periods of pegging its currency to those in the DM area? And 2) Could a different monetary policy have supported a strong economic growth? Subject matter of this work is the quest of answers to the two questions by means of simulation experiments.
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Bibliographic InfoArticle provided by SIPI Spa in its journal Rivista di Politica Economica.
Volume (Year): (2011)
Issue (Month): 1 (January-March)
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Italian economy; monetary policy; simulation experiments;
Find related papers by JEL classification:
- E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates
- E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
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