Italy : Selected Issues

Publication Date: July 13, 2011
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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.
Series: Country Report No. 11/176
Subject(s): Economic growth | Employment | Fiscal reforms | Global competitiveness | Labor market policy | Labor market reforms | Productivity | Selected issues

Publication Date: July 13, 2011
ISBN/ISSN: 9781462301201/1934-7685 Format: Paper
Stock No: 1ITAEA2011002 Pages: 86
US$18.00 (Academic Rate:
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