This page is UNDER CONSTRUCTION but you can go ahead an explore the Questions presented blow using Wikipedia links and State-Space Models.
Notes
Run the ITL20 model in R-code (here). Information on how the State-Space models were constructed and data sources is available in the Boiler Plate. For more posts see Blog Roll: Italy:
- Italian Debt Crisis: Sick Man of Europe? No! Italy is heading for a Steady-State Economy.
Questions
- Do you think Italy is heading for a Debt Crisis?
- What will happen if the Italian Economy experiences a strong, negative shock?
- Can Italy "Grow out of" a Debt Crisis if it get's into one?
- How much would an Italian Debt Crisis affect the European Union?
- If Italy experiences a Debt Crisis will will it (1) increase Austerity and (2) will that make the Debt crisis worse or better?
Wikipedia Links
- The Economy of Italy a highly developed social market economy. It is the third-largest national economy in the European Union, the 8th-largest economy in the world by nominal GDP, and the 12th-largest by PPP-adjusted GDP
- The Economy of Fascist Italy the economy in the Kingdom of Italy during the Fascist period.
- The Politics of Italy conducted through a parliamentary republic with a multi-party system. Italy has been a democratic republic since 2 June 1946.
- The History of Italy inhabited by humans since the Paleolithic. During antiquity, there were many peoples in the Italian peninsula, including Etruscans, Latins, Samnites, Umbri, Cisalpine Gauls, Greeks in Magna Graecia and others.
- Giorgia Meloni an Italian politician who serves as Prime Minister of Italy since October 2022. She is the first woman to hold the office and the head of the third-longest government in the history of the Italian Republic.
Austerity (AUST) Measurement Model
Debt Crisis (DEBT) Measurement Model
Debt Crisis (DEBT) AIC
Austerity (AUST) AIC
Debt Crisis-Austerity (DEBT-AUST) Model
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