Domanda autonoma, crescita ed investimenti

According to the latest studies, measures of fiscal consolidation have had a negative effect on the economy thereby dispelling the myth of expansionary austerity based on the idea of a negative fiscal multiplier able to promote growth. In line with recent empirical works on the multiplier of fiscal policy, the following analysis shows that variations in autonomous demand (public spending, exports and autonomous consumption) have a strong multiplier effect on the GDP.

Flessibilità o domanda aggregata? L’andamento dell’occupazione in Italia

Many economists share the view that it is market rigidities that cause high unemployment. The empirical evidence presented in this study and the econometric model constructed based on the “effective long-term demand” approach seem however to confirm that it is the production trend that causes variations in employment and not vice versa.

Con o senza l’Europa: economisti italiani per un piano “anti-virus”

Versione italiana del documento With or without Europe: Italian Economists for an “anti-virus” plan, pubblicato Il 13 marzo 2020 dal Financial Times, a firma di Emiliano Brancaccio e […]