The impact of fiscal policy and inflation on national saving. A reply

The article serves as a response to Nicola Rossi’s critique of the authors’ previous work on fiscal policy and national savings in Italy. The authors reaffirm their previous finding that deficits have indeed reduced national savings and in particular make two points. First, contrary to his assertion...

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Bibliographic Details
Main Authors: F. MODIGLIANI, T. JAPPELLI, M. PAGANO
Format: Article
Language:English
Published: Associazione Economia civile 2013-10-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10848