Decentramento e mercato del debito pubblico locale (Fiscal Decentralization and the Market for Local Governments' Debt)
Moneta e Credito
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Title |
Decentramento e mercato del debito pubblico locale (Fiscal Decentralization and the Market for Local Governments' Debt)
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Creator |
Greco, Luciano
Iacovoni, Davide |
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Subject |
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Debt H74;H77;R51 |
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Description |
New opportunities and risks arise from the growing role of Italian local governments as public debt issuers on credit and financial markets. The paper analyzes the present institutional framework, and characterizes a reform implementing a stable and efficient "market" for the Italian local governments' debt (based on three pillars: bonds, bank loans and loans by the Cassa Depositi e Prestiti) compatible with the ongoing fiscal decentralization process. JEL Codes: H74, H77, R51Keywords: Debt
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Publisher |
Associazione Economia civile
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Contributor |
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Date |
2012-04-23
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Articolo peer-review |
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Format |
application/pdf
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Identifier |
http://ojs.uniroma1.it/index.php/monetaecredito/article/view/9770
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Source |
Moneta e Credito; Vol 57, N° 228 (2004)
Moneta e Credito; Vol 57, N° 228 (2004) 2037-3651 |
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Language |
ita
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Relation |
http://ojs.uniroma1.it/index.php/monetaecredito/article/view/9770/9653
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Rights |
Copyright (c) 2016 Luciano Greco, Davide Iacovoni
http://creativecommons.org/licenses/by-nc-nd/4.0 |
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