The estimations of the value of fiscal multipliers are an issue strongly debated by macroeconomic literature. Given the goal to reduce the debt/GDP ratio, this article shows the linkage between this ratio and the value of fiscal multipliers, emphasising that the composition of the recent Italian fiscal measures also matters.
Rapporto debito-Pil e moltiplicatori fiscali: il caso della manovra italiana
Stefano Di Bucchianico
2019-01-01
Abstract
The estimations of the value of fiscal multipliers are an issue strongly debated by macroeconomic literature. Given the goal to reduce the debt/GDP ratio, this article shows the linkage between this ratio and the value of fiscal multipliers, emphasising that the composition of the recent Italian fiscal measures also matters.File in questo prodotto:
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