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Regional Income Redistribuiton and Risk Sharing - How Does Italy Compare in Europe?

Regional Income Redistribuiton and Risk Sharing - How Does Italy Compare in Europe?( )
Author: Decressin, Jrg
Series title:IMF Working Papers
ISBN:978-1-4527-4720-0
Publication Date:Sep 1999
Publisher:International Monetary Fund
Book Format:Ebook
List Price:Contact Supplier contact
Book Description:

This paper investigates income redistribution and risk sharing among Italy's regions and the implications for public policy. Using a richer data set than in previous works, this study allows for an assessment of public consumption's and investment's roles. The findings suggest that Italy's fiscal system provides interregional redistribution at 30-35 percent and risk sharing at 20-30 percent of GDP, mainly through public consumption. Compared with results in the literature for other...
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Book Details
Pages:34
Physical Dimensions (W X L X H):8.5 x 11 x 0.3 Inches



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