Working Papers

The Working Papers series contains policy papers or technical and institutional analyses conducted by the PBO, with the collaboration of independent experts where appropriate. The Working Papers seek to explore in greater detail specific issues relevant to the institutional work of the PBO.

Working Paper no. 2/2024

Reform of the Contracts Code and redefinition of the NRRP: impact on public procurement and the timing for completing the works by Giuseppe Francesco Gori, Patrizia Lattarulo, Maria Rosaria Marino…

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Working Paper no. 1/2024

The New EU Stability and Growth Pact and its Fiscal Implications for Italy by Marco Cacciotti, Alexandre Lucas Cole, Cecilia Gabbriellini, Elena Giachin Ricca and Flavio Padrini   4th July…

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Working Paper no. 2/2022

Temporal efficiency in the construction of public works in Italy by Giuseppe Francesco Gori, Patrizia Lattarulo e Nicola Carmine Salerno   The Working Paper (in Italian), produced as part of…

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Working Paper no. 1/2022

The Quota 100 mechanism three years after its launch by Marco Corsaletti, Maria Rosaria Marino, Valentina Ricci, Nicola Carmine Salerno, Gianfranco Santoro, Federica Sciarretta and Lorenzo Toffoli   Just a…

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Working Paper no. 2/2021

Assessing Italy's public debt dynamics in the medium term with the PBO framework: Illustrative scenario analysis for the post-Covid period by Cecilia Gabbriellini, Gianluigi Nocella and Flavio Padrini   This…

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Working Paper no. 1/2021

Government Debt Deleveraging in the EMU by Alexandre Lucas Cole, Chiara Guerello and Guido Traficante   In this Working Paper we evaluate the stabilization properties of alternative rules and instruments…

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Working Paper no. 2/2020

Procurement in public works in the light of recent reforms by Giuseppe Francesco Gori, Lucio Landi and Patrizia Lattarulo   The Working Paper “Procurement in public works in the light…

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Working Paper no. 1/2018

Fiscal Multipliers in Abnormal Times: the Case of a Model of the Italian Economy by Sergio De Nardis e Carmine Pappalardo   The Great Recession and its European extension with…

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Working Paper no. 3/2017

The PBO analytical and forecasting model for interest expenditure by Cecilia Gabbriellini and Corrado Pollastri   How much did the 2011-2012 crisis cost Italy in terms of greater interest on…

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Working Paper no. 2/2017

Which gap? Alternative estimations of potential output and the output gap in the Italian economy by Cecilia Frale and Sergio De Nardis   The concepts of potential output and output…

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Working Paper no. 1/2017

Standard funding requirements and fiscal capacities in the equalisation system for municipalities by Emilia Marchionni, Corrado Pollastri e Alberto Zanardi   The Working Paper (in Italian) provides a snapshot of…

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Working Paper no. 1/2016

Investment incentives in the 2016 Stability Act by Francesca Gastaldi, Maria Grazia Pazienza and Corrado Pollastri   The Paper provides a qualitative and quantitative analysis of the impact on corporate…

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Working Paper no. 1/2015

Estimation of potential GDP and the output gap: analysis of a number of critical issues by Marco Fioramanti, Flavio Padrini and Corrado Pollastri   The paper analyzes the sensitivity of…

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