Arbeitspapier
Fiscal policy and the banking system in Italy: have taxes, public spending and banks been procyclical in the long-run?
This paper analyses the relations between the banking system fluctuations, on one hand, and taxation and public spending, on the other one, using a VECM methodology. We find some evidence of prociclicality of fiscal policy using variables such as government spending, taxes, and primary surplus. Effects in the opposite direction are much smaller. Results are quite stable over time. - Credit cycles ; fiscal policy ; procyclicality
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 2442
- Klassifikation
-
Wirtschaft
Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: Europe: Pre-1913
Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: Europe: 1913-
Business Fluctuations; Cycles
Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
- Thema
-
Kredit
Konjunktur
Finanzpolitik
Steuer
Öffentliche Ausgaben
Italien
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Piluso, Giandomenico
Ricciuti, Roberto
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Piluso, Giandomenico
- Ricciuti, Roberto
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2008
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