Fiscal Sustainability: Analytical Developments and Emerging Policy Issues

Workshops on Public Finance - Perugia, 3-5 April 2008

The tenth Banca d'Italia Workshop on public finances was devoted to the issue of Fiscal Sustainability. It aimed at highlighting recent analytical developments and emerging policy issues.

Session 1 examined the new methodologies for assessing fiscal sustainability, either via long-term projections or summary indicators. Session 2 considered the fiscal policy implications of sustainability assessment. Section 3 examined health care and long-term care. Section 4 dealt with environmental issues and sustainability reporting in the policy debate.

Attendance at the conference is by invitation only.

Organizer: Mr. Daniele Franco, Banca d'Italia.

Publish date::05 December 2008
Luca Bandiera, Nina Budina and Sweder van Wijnbergen: “How To” of Fiscal Sustainability in Oil-Rich Countries: The Case of Azerbaijan
pdf 231.1 KB
Publish date::05 December 2008
António Afonso and Christophe Rault: Fiscal Sustainability in the EU: A Panel Data Diagnostic
pdf 217.1 KB
Publish date::05 December 2008
Nathaniel Frank and Eduardo Ley: Refinements to the Probabilistic Approach to Fiscal Sustainability Analysis
pdf 584.2 KB
Publish date::05 December 2008
Jagadeesh Gokhale: Reporting on Federal Fiscal Sustainability in the United States
pdf 166.4 KB
Publish date::22 January 2009
Joan Gil, Miguel-Ángel López-García, Jorge Onrubia, Concepció Patxot and Guadalupe Souto:
pdf 296.8 KB
A Projection Model of the Contributory Pension Expenditure of the Spanish Social Security System: 2004-50
Publish date::05 December 2008
Santiago Herrera and Ferhan Salman: Tangos, Sambas or Belly Dancing? Or, Do Spreads Dance to the Same Rhythm?
pdf 244.9 KB
Experiences in Signaling Regime Sustainability in Argentina, Brazil and Turkey
Publish date::05 December 2008
Carine Bouthevillain: Comments
pdf 123.8 KB
Publish date::05 December 2008
Adi Brender: Comments
pdf 108.4 KB
Publish date::04 February 2009
Ernesto Rezk: Comments
pdf 115.1 KB

Publish date::05 December 2008
Giuseppe Carone, Declan Costello, Nuria Diez Guardia, Per Eckefeldt and Gilles Mourre:
pdf 205.8 KB
Economic Growth and Fiscal Sustainability in the EU: The Impact of an Ageing Population
Publish date::05 December 2008
Fabrizio Balassone, Jorge Cunha, Geert Langenus, Bernhard Manzke, Jeanne Pavot, Doris Prammer and Pietro Tommasino:
pdf 362.2 KB
Fiscal Sustainability Indicators and Policy Implications for the Euro Area
Publish date::09 December 2008
Boris Cournède and Frédéric Gonand: Restoring Fiscal Sustainability in the euro area: raise taxes or curb spending?
pdf 343.9 KB
Publish date::05 December 2008
Roel Beetsma and Heikki Oksanen: Pensions under Ageing Populations and the EU Stability and Growth Pact
pdf 217.0 KB
Publish date::05 December 2008
Jérôme Creel and Francesco Saraceno: Wealth Effects and Public Debt in an Endogenous Growth Model
pdf 258.0 KB
Publish date::05 December 2008
Anna Kleen and Thomas Pettersson: Fiscal Sustainability and Structural Reforms
pdf 222.7 KB
Incorporating Labour Supply Responses in Long-term Modelling
Publish date::05 December 2008
Pietro Rizza and Pietro Tommasino: Will We Treat Future Generations Fairly?
pdf 266.0 KB
Italian Fiscal Policy through the Prism of Generational Accounting
Publish date::05 December 2008
Yukihiro Oshika: The Long-term Sustainability of Public Finance in Japan
pdf 756.1 KB
Publish date::05 December 2008
Maximilian Baylor: Comments
pdf 132.5 KB
Publish date::09 January 2009
Ranjana Madhusudhan: Comments
pdf 111.3 KB
Publish date::05 December 2008
Peter Part: Comments
pdf 89.4 KB

Publish date::12 January 2009
Bartosz Przywara and Declan Costello: Health Care Expenditure Projections: Results, Policy Conclusions and Recommendations for Future Work
pdf 260.6 KB
Publish date::18 December 2008
Glenn Follette and Louise Sheiner: an examination of health spending growth in the united states: past trends and future prospects
pdf 251.0 KB
Publish date::08 January 2009
Dubravko Mihaljek: Health care financing reforms in central and eastern Europe: common problems and possible approaches
pdf 171.4 KB
Publish date::20 January 2009
Rocco Aprile: The Impact of Ageing on Health and Long-term Care - The Case of Italy
pdf 316.9 KB
Publish date::26 January 2009
Mårten Lagergren: Projections of Elderly Health Development and Costs for Long-term Care in Sweden
pdf 170.6 KB
Publish date::27 January 2009
Sergio Clavijo and Camila Torrente: The Health Care System and its Fiscal Impact in Colombia
pdf 196.6 KB
Publish date::05 December 2008
Dennis Botman and Manmohan Kumar: Global Aging Pressures: Impact of Fiscal Adjustment, Policy Cooperation, and Structural Reforms
pdf 422.5 KB
Publish date::05 December 2008
Cláudia Braz: Comments
pdf 123.7 KB
Publish date::05 December 2008
Maura Francese: Comments
pdf 91.0 KB
Publish date::05 December 2008
Margit Schratzenstaller: Comments
pdf 105.4 KB

Publish date::12 February 2009
Martin Heipertz and Christiane Nickel: Climate Change Brings Stormy Days
pdf 97.1 KB
Case Studies on the Impact of Extreme Weather Events on Public Finances
Publish date::11 February 2009
Markku Stenborg and Juha Honkatukia: The Effects of Long-run Emission Targets on the Finnish Economy
pdf 381.4 KB
Publish date::11 February 2009
Christian Kastrop and Britta Velleuer: The German Experience with Sustainability Reporting
pdf 97.0 KB
Publish date::04 February 2009
Paolo Biraschi, Lorenzo Codogno, Federico Giammusso, Manuela Nenna and Juan Pradelli: Are Italy’s Public Finances Sustainable?
pdf 201.8 KB
The Role of Demography, Productivity and Labour Markets
Publish date::16 February 2009
Frank Eich: Five Years Of The UK’s Long-term Public Finance Report: Has It Made Any Difference?
pdf 84.1 KB
Publish date::08 January 2009
Rafael Doménech and Ángel Melguizo: Projecting pension expenditure in Spain: on uncertainty, communication and transparency
pdf 157.3 KB
Publish date::02 February 2009
David Hauner, Daniel Leigh and Michael Skaarup: Assessing Fiscal Sustainability in the G-7 Countries
pdf 150.5 KB
Publish date::05 December 2008
Yngve Lindh: Comments
pdf 24.5 KB
Publish date::05 December 2008
Lucio R. Pench: Comments
pdf 39.0 KB
Publish date::05 December 2008
Robert Tannenwald: Comments
pdf 24.0 KB