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On The Private And Social Benefits Of Economic Literacy

Author

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  • Giulio Piccirilli

    (Universitas Mercatorum, Roma)

Abstract

Carlo Dell’Aringa was highly respected both as a professor of economics and as an expert involved in the policy debate and in direct policy decisions. Inspired by these traits of his figure, we focus on the link between economic knowledge and policy. In particular, by means of a theoretical model and a simple empirical analysis, we argue that the conduct of fiscal policy is more tuned on social welfare in countries where citizens have a better understanding of economics and financial concepts

Suggested Citation

  • Giulio Piccirilli, 2020. "On The Private And Social Benefits Of Economic Literacy," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 128(1), pages 105-125.
    • Handle: RePEc:vep:journl:y:2020:v:128:i:1:p:105-125
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    More about this item

    Keywords

    Economic Literacy; Fiscal Policy; Voting;
    All these keywords.

    JEL classification:

    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus

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