Politiche di sostegno della domanda in presenza di elevato debito pubblico

Paolo Bosi and Carlo D’Adda ()
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Carlo D’Adda: Universitˆ degli Studi di Bologna

Moneta e Credito, 2011, vol. 64, issue 253, 45-52

Abstract: This article presents an economic policy proposal, aiming at stimulating the growth of the Italian economy over a period of unsatisfactory performance and limited possibility to expand the government expenditure due to the high level of public debt. The basic idea is a Keynesian one: using fiscal incentives to increase the consumption/income ratio of the private sector. In this way private action may become a substitute for (impossible) government action. A simulation of the envisaged incentive policy by means of an econometric model of the Italian economy (Prometeia model) helps estimate the likely effects of the proposal.

Keywords: stimulus package; Italian economy; fiscal incentives; Prometeia model (search for similar items in EconPapers)
JEL-codes: E61 E62 H31 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (3)

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