EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/26487
  
Title:Fiscal policy and the banking system in Italy: have taxes, public spending and banks been procyclical in the long-run? PDF Logo
Authors:Piluso, Giandomenico
Ricciuti, Roberto
Issue Date:2008
Series/Report no.:CESifo working paper 2442
Abstract: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
JEL:N13
N14
E32
E60
Document Type:Working Paper
Appears in Collections:CESifo Working Papers, CESifo Group Munich

Files in This Item:
File Description SizeFormat
587095326.PDF470.03 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/26487

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.