The Transmission of the Global Financial Crisis to the Italian Economy
This paper carries out a counterfactual analysis of the Italian economy over the period 2008-2010, assuming that the global crisis hitting the economy never occurred. Under this circumstance, economic activity in Italy would have been higher by 6.5 percentage points at the end of 2010; crisis factors curtailed GDP growth by 10 percentage points, while economic policies mitigated the impact of crisis factors by 3.5 percentage points. Over three quarters of the impact of the crisis were “imported from abroad”; the worsening of domestic financing conditions and the deterioration of business and household climates played lesser ?though non negligible? roles.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 70 (2011)
Issue (Month): 3 (December)
|Contact details of provider:|| Postal: via Sarfatti, 25 - 20136 Milano (Italy)|
Web page: http://www.gde.unibocconi.it/
|Order Information:|| Web: http://www.gde.unibocconi.it Email: |
When requesting a correction, please mention this item's handle: RePEc:gde:journl:gde_v70_n3_p1-32. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Erika Somma)
If references are entirely missing, you can add them using this form.