Stagnazione e crescita in Italia

Francesco Carlucci ()
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Francesco Carlucci: Università di Roma "La Sapienza"

Rivista di Politica Economica, 2011, issue 1, 155-188

Abstract: In the last decades the economy in Italy has been growing less and less, with a clear evidence of decline. Such a situation is mostly due to the weakness of its socio-economic system, but two questions rise naturally: 1) Has its monetary policy been contributing to the decline, by alternating periods of heavy devaluation and periods of pegging its currency to those in the DM area? And 2) Could a different monetary policy have supported a strong economic growth? Subject matter of this work is the quest of answers to the two questions by means of simulation experiments.

Keywords: Italian economy; monetary policy; simulation experiments (search for similar items in EconPapers)
JEL-codes: E4 E6 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:rpo:ripoec:y:2011:i:1:p:155-188

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