IDEAS home Printed from https://ideas.repec.org/p/ubs/wpaper/ubs0405.html
   My bibliography  Save this paper

Le determinanti del tasso di sconto in Italia negli anni 1876-1913: un'analisi empirica e documentale

Author

Listed:
  • Franco Spinelli
  • Carmine Trecroci

Abstract

L’analisi dell’andamento del tasso di sconto italiano durante il Gold Standard è molto scarna. Questo lavoro comincia a rimediare al problema sia stimando alcuni semplici modelli del tasso di sconto con serie storiche a frequenza mensile e annua, sia con un’analisi documentale. Il principale risultato è che il tasso italiano appare dipendere soprattutto dal rapporto interno di liquidità e, limitatamente ai periodi di piena convertibilità della lira, dal tasso di sconto inglese. Le stime confermano inoltre un risultato di precedenti studi non quantitativi, ovvero che le autorità monetarie italiane del tempo fecero un uso della manovra dei tassi molto meno intenso di quello praticato negli altri paesi del sistema aureo.

Suggested Citation

  • Franco Spinelli & Carmine Trecroci, "undated". "Le determinanti del tasso di sconto in Italia negli anni 1876-1913: un'analisi empirica e documentale," Working Papers ubs0405, University of Brescia, Department of Economics.
    • Handle: RePEc:ubs:wpaper:ubs0405
    as

    Download full text from publisher

    File URL: http://fausto.eco.unibs.it/~segdse/paper_pdf/Testo.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:dau:papers:123456789/4099 is not listed on IDEAS

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ubs:wpaper:ubs0405. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Matteo Galizzi (email available below). General contact details of provider: https://edirc.repec.org/data/febreit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.