In March Banca d’Italia hosted in its headquarters in Rome the 19th Workshop on Public Finance, organized by the Public Finance Division.
As in the past, the Workshop covered issues at the heart of the policy debate, especially in the euro area: the proper assessment of the fiscal stance in a monetary union (Session I), fiscal policy challenges and priorities in the euro area (Session II) and the interlinkages between different policy instruments (monetary, fiscal, structural; Session III).
In the background, there is a recent crisis-related revival of the role of discretionary fiscal policy as a tool to reduce economic fluctuations. This in turn raises the issue of how the fiscal stance should be measured, assessed, and implemented in a decentralized context such as the Economic and Monetary Union.
Please find below the Workshop programme. Most papers will be available at the end of June. In case you are interested in receiving a paper as soon as it becomes available, please send an email to fpbi@bancaditalia.it.
