Italy: Selected Issues

July 13, 2011

Preview Citation

Format: Chicago

Italy: Selected Issues, (USA: International Monetary Fund, 2011) accessed December 23, 2024

Summary

Based on the economic literature, various policy measures and institutions in the product and labor markets that increase growth and employment are studied. From a cross-country approach, this study finds a significant relationship between Vertical Fiscal Imbalances (VFIs) and fiscal performance in OECD countries. Different measures of vertical imbalance are used. To assess the impact of a vertical gap, a panel equation is estimated that is related to general government primary balance to vertical balance, spending decentralization, covariates, and interaction terms.

Subject: Banking, Credit default swap, Employment, Expenditure, Fiscal policy, Fiscal stance, Labor, Labor markets, Money

Keywords: Bank, CDS spread, CDS Spreads, CR, Credit default swap, Employment, Fiscal stance, Global, IMF staff calculation, ISCR, Italy, Labor hoarding, Labor market disparity, Labor markets, OECD standard, Unemployment disparity

Publication Details

Pages:

86
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/176
Stock No:

1ITAEA2011002
ISBN:

9781462301201
ISSN:

1934-7685

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