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La désinflation en Italie de 1980 à 1997

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  • Ignazio Visco

Abstract

After the high inflation associated with the two oil shocks of the 1970s, a gradual process of disinflation took place in Italy over the following fifteen years. This paper examines the extent to which central bank autonomy, effective and innovative income policies and contractual agreements, and finally the long-delayed achievement of meaningful budgetary control all played a role in the return to monetary stability. JEL classification: E31, E58, G01.

Suggested Citation

  • Ignazio Visco, 2024. "La désinflation en Italie de 1980 à 1997," Revue d'économie financière, Association d'économie financière, vol. 0(1), pages 69-81.
    • Handle: RePEc:cai:refaef:ecofi_153_0069
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    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • G01 - Financial Economics - - General - - - Financial Crises

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