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Sinopsis
This volume is a comprehensive analysis of the banking and monetary history of Italy from 1861 to 1992. It contributes in a novel way not only to the monetary debate, but also to the fiscal and institutional questions. The authors combine economic theory, statistical data and history in an accessible way.
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Críticas
'This book is a breakthrough in Italian macroeconomic history both for the rigour of its approach and for the wealth of data and econometric evidence that it presents.' Economic History Review
Contraportada
This volume deals with the monetary history of Italy from its independence in 1861 to 1991. It provides the first complete analysis of a country which has experienced diverse and often dramatic monetary conditions. Unlike the tradition of economic history in Italy where history is 'told' without reference to a specific interpretive framework and emphasises 'real' aspects in preference to nominal and monetary aspects, the authors adopt the opposite extreme of interpreting Italian monetary history through the looking glass of an economic model. Their interpretation is not entirely monetarist in flavour, but at the same time it is not wedded to a single model. A key theme is that public finance is at the root of the (relatively) high Italian inflation rates of recent history. Professors Fratianni and Spinelli argue that the relationship between the government budget deficit and monetary policy has been dependent on government to assert an autonomous policy; more often than not they have accommodated the objective of government of financing large budget deficits at low rates of interest by excessive monetary base creation. A relentless growth of government spending, rather than sluggish tax revenues, has therefore been responsible for the budget deficits. The book contains long time series of money aggregates that will prove useful to economic historians in general and monetary economists in particular. It combines economic theory, statistical data, analysis and history in an accessible way which covers the entire period. It contributes in a novel way not only to the monetary debate but also to fiscal and institutional questions.
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- EditorialCambridge University Press
- Año de publicación1997
- ISBN 10 0521443156
- ISBN 13 9780521443159
- EncuadernaciónTapa dura
- Número de páginas323
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A Monetary History of Italy (Studies in Macroeconomic History)
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Cambridge University Press, Cambridge, UK, 1997
ISBN 10: 0521443156
ISBN 13: 9780521443159
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Cloth. Condición: Fine. Estado de la sobrecubierta: Fine. 1st Edition. First Edition. Hard cover 8vo - over 7¾" - 9¾" tall in black cloth w/gold spine titles. Fine book in like DJ, now in clear protective cover. xvi, 305pp inc. Notes, Bibliography, Index; illustrated in tables, graphs and charts. 324 p. Book. Nº de ref. del artículo: 030956
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A Monetary History of Italy
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A Monetary History of Italy
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A Monetary History of Italy (Studies in Macroeconomic History) [Hardcover] Fratianni, Michele; Spinelli, Franco and Schwartz, Anna J.
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A Monetary History of Italy
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Gebunden. Condición: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. This volume is a comprehensive analysis of the banking and monetary history of Italy from 1861 to 1992. It contributes in a novel way not only to the monetary debate, but also to the fiscal and institutional questions. The authors combine economic theory, s. Nº de ref. del artículo: 446935727
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A Monetary History of Italy
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Hardcover. Condición: Brand New. subsequent edition. 305 pages. 9.50x6.50x1.00 inches. In Stock. Nº de ref. del artículo: x-0521443156
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A Monetary History of Italy
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Buch. Condición: Neu. Druck auf Anfrage Neuware - Printed after ordering - This volume deals with the monetary history of Italy from its independence in 1861 to 1991. It provides the first complete analysis of a country which has experienced diverse and often dramatic monetary conditions. Unlike the tradition of economic history in Italy where history is 'told' without reference to a specific interpretive framework and emphasises 'real' aspects in preference to nominal and monetary aspects, the authors adopt the opposite extreme of interpreting Italian monetary history through the looking glass of an economic model. Their interpretation is not entirely monetarist in flavour, but at the same time it is not wedded to a single model. A key theme is that public finance is at the root of the (relatively) high Italian inflation rates of recent history. Professors Fratianni and Spinelli argue that the relationship between the government budget deficit and monetary policy has been dependent on government to assert an autonomous policy; more often than not they have accommodated the objective of government of financing large budget deficits at low rates of interest by excessive monetary base creation. A relentless growth of government spending, rather than sluggish tax revenues, has therefore been responsible for the budget deficits. The book contains long time series of money aggregates that will prove useful to economic historians in general and monetary economists in particular. It combines economic theory, statistical data, analysis and history in an accessible way which covers the entire period. It contributes in a novel way not only to the monetary debate but also to fiscal and institutional questions. Nº de ref. del artículo: 9780521443159
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A Monetary History of Italy
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A Monetary History of Italy (Studies in Macroeconomic History)
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ISBN 13: 9780521443159
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Monetary Hist Of Italy Hb
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