IDEAS home Printed from
MyIDEAS: Login to save this paper or follow this series

Italian Public debt since national unification. A reconstruction of the time series

  • Maura Francese


    (Banca d'Italia)

  • Angelo Pace


    (Banca d'Italia)

The paper presents the results of a reconstruction of the Italian public debt series since national unification. Computations use today�s statistical methodology to obtain a database consistent with the national accounts. The reference sector is general government, not the state sector, as in many previous studies; the definition refers to consolidated gross debt (within and across subsectors). The database includes monthly times series for overall debt and its breakdowns by instrument and subsector. Given their frequency and length, the new data might be a useful tool for economic historians and students of public economics. The work briefly presents the methodology and describes public debt developments over the last 150 years. Compared with previous data, the new series show higher debt average. The project is completed by a methodological annex in which sources and methods are described in more detail and by a database with monthly time series for the debt, its breakdown by instrument and subsector, and the consolidating items. All three components are available on the Bank of Italy website; in the future the series will be updated monthly and will remain available on the statistical section of the website.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Paper provided by Bank of Italy, Economic Research and International Relations Area in its series Questioni di Economia e Finanza (Occasional Papers) with number 31.

in new window

Date of creation: Oct 2008
Date of revision:
Handle: RePEc:bdi:opques:qef_31_08
Contact details of provider: Postal: Via Nazionale, 91 - 00184 Roma
Web page:

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:bdi:opques:qef_31_08. 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: ()

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.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

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

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.