Fiscal policy and price stability: The case of Italy, 1992–98
Abstract
Many authorities at home and abroad questioned Italy’s ability to meet the strict criteria to join the European Monetary Union. The author looks at the interaction between fiscal policy and monetary policy in Italy between 1992, when it exited the European Exchange Rate Mechanism, and 1998, when an official announcement was made that it would join the union.Suggested Citation
Marco Bassetto. "Fiscal policy and price stability: The case of Italy, 1992–98" Chicago Fed Letter Dec. 2006, 233.