Di Nicola, Federica (A.A. 2021/2022) The optimal fiscal rule: evidence from Italian municipalities. Tesi di Laurea in Advanced macroeconomics, Luiss Guido Carli, relatore Facundo Piguillem Juan, pp. 84. [Master's Degree Thesis]

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Abstract/Index

Institutional framework. Italian municipalities. The domestic stability pact. Debt rules over time. Theoretical model. Environment. Rules-free equilibrium. The optimal fiscal rule. Implementation of the optimal fiscal rule. Empirical model. Analytical framework. Empirical specification. Data. Empirical results. Baseline specification. Accounting measures in accrual basis. Controlling for debt. Robustness checks. Optimal bandwidth. Placebo tests. Calibration. Policy analysis.

References

Bibliografia: pp. 46-49.

Thesis Type:	Master's Degree Thesis
Institution:	Luiss Guido Carli
Degree Program:	Master's Degree Programs > Master's Degree Program in Economics and Finance (LM-56)
Chair:	Advanced macroeconomics
Thesis Supervisor:	Piguillem Juan, Facundo
Thesis Co-Supervisor:	Michelacci, Claudio
Academic Year:	2021/2022
Session:	Summer
Deposited by:	Alessandro Perfetti
Date Deposited:	29 Sep 2022 13:21
Last Modified:	29 Sep 2022 13:21
URI:	https://tesi.luiss.it/id/eprint/33502

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