Search results for " Economic Policy"
showing 9 items of 9 documents
The shaping of public economic discourse in postwar America: the 1947 meat shortage and Franco Modigliani's meat plan
2015
This paper discusses the American debate over price controls and economic stabilization after World War II, when the transition from a war economy to a peace economy was characterized by bottlenecks in the productive system and shortages of food and other basic consumer goods, directly affecting the living standard of the population, the public opinion, and political discourse. Specifically, we will focus on the economist Franco Modigliani and his proposal for a "Plan to meet the problem of rising meat and other food prices without bureaucratic controls." The plan prepared by Modigliani in October 1947 was based on a system of taxes and subsidies to foster a proper distribution of disposabl…
The Impact of Population Ageing and Social Stratification: The Case of Latvia
2019
Population ageing and social stratification is widely assumed to have detrimental effects on the economy yet there is little empirical evidence about the magnitude of its effects. The aim of this article is to investigate the relationships between population ageing and social stratification and the state of economy of a small and post-transition economy. We are looking for these relationships and their strength of influence; at what time after shocking these variables reach their original levels. We apply standard Granger (non-) causality tests, VAR (Vector Auto-Regressive), IRF (Impulse Response Function) and the prediction error variance analysis by using quarterly data from 2000 to 2018.…
THE NEW ARCHITECTURE OF THE EUROPEAN ECONOMIC GOVERNANCE AND ITS CONSTITUTIONAL IMPLICATIONS AT THE EU AND NATIONAL LEVEL
La tesi analizza la nuova architettura costituzionale della governance economica europea come ridefinita dalle più recenti riforme europee predisposte al fine di contrastare la crisi economico-finanziaria dell’area euro e il suo impatto sull’assetto costituzionale dell’Unione europea e degli Stati Membri. La tesi, articolata in quattro capitoli e redatta interamente in lingua inglese, ripercorre le tappe salienti dell’evoluzione dell’Unione Economica e Monetaria, analizza le principali disposizioni della “costituzione economica” dell’Unione europea e contiene un’esposizione, in chiave critica, delle principali misure adottate dall’Unione europea per contrastare la crisi economica della zona…
Introduction
2012
Doing Math in Mussolini’s Pocket : Ernesto Rossi and Fascist Public Finance (1926-1930)
2023
This essay deals with the brief but intense collaboration of Ernesto Rossi with the «Riforma Sociale», a prestigious journal of economics and social sciences founded by Francesco Saverio Nitti in 1894 and directed by Luigi Einaudi since 1908. Between 1926 and 1930, Rossi authored seven long essays on issues of public finance, applied economics, and economic statistics that have been relatively neglected by historiography. The rereading of these contributions allows us to illuminate some central moments in his training as an economist. This essay focuses on four articles he devoted to a deep analysis of the Italian budget and public debt, recalculating public revenues and expenses, with rela…
Jacob viner'sreminiscences from thenewdeal (February 11,1953)
2009
The 1947 Meat Shortage and Modigliani’s Meat Plan: The Shaping of Public Economic Discourse in Postwar America
2010
This paper aims to assess Modigliani’s contribution to the American post war debate over price controls and economic stabilization. We will focus on his unpublished “Plan for meeting the domestic meat shortage without price control and rationing”. Elaborated by Modigliani in the Summer of 1947 the plan was designed to cope with meat shortage arising from crop failures aggravated by the implementation of the European Recovery Program. It was based on a system of taxes and subsidies aiming to realize a proper distribution of disposable income and to warrant a minimum meat consumption without encroaching market mechanisms and consumers’ freedom. In the paper we will describe the contents of th…
Shaping Monetary Constitutions for Developing Countries: Some Archival Evidence on the Bloomfield Missions to South Korea (1949-1950)
2009
In this paper we analyse the scientific contributions of the New York Fed economist Arthur I. Bloomfield. A Canadian born economist, in 1941 Bloomfield took his PhD in economics at the University of Chicago, under the supervision of Jacob Viner and then joined the staff of the Federal Reserve Bank of New York as a Research Economist and stayed there until 1958. In this position, Bloomfield combined scholarly research on recent economic history and international financial and banking problems with active service as a member of various committees and commissions, both in the United States and abroad. While on leave from the Fed, he accepted appointments as a consultant and advisor to various …