Italian local fiscal multipliers: Evidence from proxy-SVAR
- Authors: Matarrese, Marco Maria; Frangiamore, Francesco
- Publication year: 2023
- Type: Articolo in rivista
- OA Link: http://hdl.handle.net/10447/639778
Abstract
In this letter, we use the Proxy-SVAR approach to investigate fiscal multipliers in Italy. We also estimate distinct multipliers for the Centre-North and the South. Our findings are consistent with the Keynesian view that advocates positive government spending multipliers and point at higher multipliers in the Centre-North.