Manovra economica, quanto deficit per le politiche industriali?

C’è grande attesa per conoscere la manovra economica del governo e gli aspetti decisivi delle singole misure. Certo, il primo importante passo il governo lo ha compiuto con […]

Manovra economica, debito e crescita in Italia

Negli ultimi anni l’austerità ha depresso l’economia italiana e fatto crescere il debito pubblico. L’Italia sta per varare ora una politica più espansiva e, secondo l’analisi di Pasquale Tridico e Giacomo […]

Austerità in Italia: i sacrifici alimentano il debito

Evidence indicates that the tightening of restrictive policies experienced in Italy after 2010/11 did not lead to fiscal consolidation, while they contributed to increase debt-to-GDP ratio by curbing aggregate demand. Particularly, budget cuts occurred in health and education. On the contrary, we argue that expansionary measures may lower the debt ratio by increasing real output.

Reddito minimo e output gap: trucchetto contabile o questione politica?

In line with our previous work, we simulate the effects of a policy measure designed to achieve a higher output gap. By increasing Italy’s participation rate we aim at finding a greater stance for fiscal policy that would allow for the deficit-financing of a minimum income conditional to active job-seeking. We also consider feasible effects on real output.

PIL potenziale e tasso di partecipazione: proposta per finanziare il reddito minimo

We suggest a policy measure, consistent with UE budget constraints, which aims to achieve a higher output gap through an increase in the participation rate: the greater stance for fiscal policy would allow for the possibility to finance a minimum income (conditional to active job-seeking). An empirical example is provided for the Italian case.

Il deficit spending della Renzinomics

Numerous commentators maintain that the 2015 Italian budget is “expansionary”. This article however shows that it does not have a Keynesian character and presents uncertain results. The government’s strategy is to support families’ available income by increasing public funding and cutting fiscal pressure. The analysis also shows that the success of this budget is threatened because it depends strongly on the families’ willingness to spend the greater income made available.

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