Record Details


Field	Value

Title	Un commento in tema di "spiazzamento" (A comment on “crowding out”)

Creator	VACIAGO, G.

Subject	— Crowding out, Italy, Carlo D’Adda, spending, public debt, restrictive monetary policy E51, H63, E52

Description	In this brief note the author comments on Carlo D’Adda’s Greater precision regarding “crowding out”, offering three additional observations on the topic. While it is true that the concept was used largely in ideological terms in Italy, it resulted in the widespread belief that an increase in spending and the public debt was simultaneously the cause and effect of the weakening of the productive structure - in the way in which it alternately depended on a reduction in the propensity to spend in the private sector or on a restrictive monetary policy. Even if imprecise, this diagnosis does not seem to be far from reality. JEL: E51, H63, E52

Publisher	Associazione Economia civile

Contributor	—

Date	2014-03-26

Type	info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Articolo peer-review

Format	application/pdf

Identifier	http://ojs.uniroma1.it/index.php/monetaecredito/article/view/11866

Source	Moneta e Credito; Vol 32, N° 126 (1979) Moneta e Credito; Vol 32, N° 126 (1979) 2037-3651

Language	ita

Relation	http://ojs.uniroma1.it/index.php/monetaecredito/article/view/11866/11679

Rights	Copyright (c) 2016 G. VACIAGO http://creativecommons.org/licenses/by-nc-nd/4.0

Since 2014