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Stagnazione e crescita in Italia


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  • Francesco Carlucci

    (Università di Roma "La Sapienza")

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    In 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 Info

    Article provided by SIPI Spa in its journal Rivista di Politica Economica.

    Volume (Year): (2011)
    Issue (Month): 1 (January-March)
    Pages: 155-188

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    Handle: RePEc:rpo:ripoec:y:2011:i:1:p:155-188

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    Related research

    Keywords: Italian economy; monetary policy; simulation experiments;

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