A Monetary History of Italy

ISBN-13: 9780521443159 / Angielski / Twarda / 1997 / 324 str.

Michele Fratianni (Indiana University); Italy) Franco Spinelli (Università degli Studi di Brescia; Mass Anna J. Schwartz (National Bureau of Economic Research

Opis

This volume deals with the monetary history of Italy from independence in 1861 to 1992. It provides the first complete analysis of a country that has experienced diverse and often dramatic monetary conditions. The book contributes in a novel way not only to the monetary debate, but also to fiscal and institutional questions. The authors combine economic theory, statistical data, and history in an accessible way that should prove useful to both economic historians and monetary economists.

Recenzje

'This book is a breakthrough in Italian macroeconomic history both for the rigour of its approach and for the wealth of data and econometric evidence that it presents.' Economic History Review

Spis treści

Foreword; Preface; 1. Structure, main themes and data of the monetary history; 2. Money growth and its determinants; 3. From political unification to 1913: creation of a new currency, multiplicity of banks of issue, banking legislations, monetary systems; 4. The First World War: inflation and stabilisation; 5. The 1920s and 1930s: foreign exchange policy and industrial and financial restructuring; 6. The Second World War and the 1947 stabilisation; 7. The fifties and sixties; 8. The seventies; 9. Italy in the eighties: towards Central Bank independence; 10. Conclusions; Bibliography; Index of authors; Subject Index.