Politiche di sostegno della domanda in presenza di elevato debito pubblico.(Policies to Sustain Aggregate Demand in Presence of High Public Debt)

Autor: Paolo Bosi, Carlo D’Adda
Jazyk: italština
Rok vydání: 2011
Předmět:
Zdroj: Moneta e Credito, Vol 64, Iss 253 (2011)
Druh dokumentu: article
ISSN: 2037-3651
DOI: 10.13133/2037-3651/9503
Popis: 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. JEL: E61, E62, H31
Databáze: Directory of Open Access Journals