Deficit sustainability and the Fiscal Theory of the Price Level: the case of Italy, 1861-2020
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- Emilio Congregado & Carmen Díaz-Roldán & Vicente Esteve, 2023. "Deficit sustainability and fiscal theory of price level: the case of Italy, 1861–2020," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 50(3), pages 755-782, August.
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More about this item
Keywords
Fiscal Theory of the Price Level; Monetary and ?fiscal dominance; Fiscal sustainability; In?ation; Public debt; Explosiveness; Cointegration; Multiple structural breaks;All these keywords.
JEL classification:
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
- H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
- O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2023-02-20 (Banking)
- NEP-CBA-2023-02-20 (Central Banking)
- NEP-MON-2023-02-20 (Monetary Economics)
Statistics
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