This paper analyzes the functioning of monetary policy transmission mechanisms in Italy
from 1984 to 1998, highlighting the role performed by the credit system. We extend the …

A growing body of empirical work has examined the potential asymmetry in the effects of
monetary policy on United States real activity. This study looks for such an empirical …

Research on how money affects economic activity has revived interest in the socalled" credit
view". In this paper we focus on current developments in the credit view in order to assess …

The transmission mechanisms of monetary policy have been at the centre of a vast debate in
the last decade and it is currently receiving increasing attention because of Stage III of …

La presente tesi di dottorato si propone di analizzare la teoria Post Keynesiana della
moneta endogena sia dal punto di vista teorico che da quello empirico. Per quanto riguarda …

Among Keynes's undeveloped, or underground, ideas that are being resurrected in a new
guise are those of the 'monetary theory of production'(1933) and firms''finance motive'in the …

Is Inflation a Monetary Phenomenon Only? A Non Monetarist Episode of Inflation: The Italian
Case (di Giancarlo Bertocco)-ABSTRACT: The publication of the second edition of Fratianni …

This paper concerns theory and evidence of the monetary transmission mechanisms.
Current research has deeply investigated factors, such as dependence of firms on bank …

In this paper a model for the dynamics of inflation in Italy is proposed. It is shown that both in
the short and long run the inflation patterns can not be explained by a single cause and that …

Since the early 1970s, the rate of investment, defined as the ratio between investment and
GNP, has decreased in Italy more than in the other industrialised countries. The causes of …