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This volume deals with the monetary history of Italy from its independence in 1861 to 1992. It provides the first complete analysis of a country which has experienced diverse and often dramatic monetary conditions. The authors interpret Italian monetary history through the looking glass of a model which, while monetarist in flavour, is open to other interpretations. A key theme is that public finance is at the root of the (relatively) high Italian inflation rates. The authors argue that there is a strong relationship between the government budget deficit and monetary policy, and that the monetary authorities are too dependent on government. The book contributes in a novel way not only to the monetary debate, but also to fiscal and institutional questions. It combines economic theory, statistical data and history in an accessible way which should prove useful to both economic historians and monetary economists.

Monetary policy --- Banks and banking, Central --- History. --- -Monetary policy --- -IT / Italy - Italië - Italie --- 331.155 --- 331.157 --- 331.156 --- -Banks and banking, Central --- -332.4945 --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Banker's banks --- Banks, Central --- Central banking --- Central banks --- Banks and banking --- History --- Geldwezen in de XIXe eeuw tot 1914. --- Geldwezen sedert 1945. --- Geldwezen van 1914 tot 1945. --- Banca d'Italia --- Bank of Italy --- Banque d'Italie --- B.I. (Banca d'Italia) --- BI (Banca d'Italia) --- Bankitalia --- Banca d'Italia, Eurosistema --- Banca romana (1870-1893) --- 332.4945 --- IT / Italy - Italië - Italie --- Geldwezen in de XIXe eeuw tot 1914 --- Geldwezen van 1914 tot 1945 --- Geldwezen sedert 1945 --- Banca nazionale nel Regno d'Italia --- Business, Economy and Management --- Economics --- Monetary policy - Italy - History. --- Banks and banking, Central - Italy - History.

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Finance --- Economic conditions. Economic development --- Italy --- Finance. --- Economic history. --- Banca d'Italia --- Banca d'Italia. --- Italy. --- Economic conditions --- History, Economic --- Economics --- Funding --- Funds --- Currency question --- B.I. (Banca d'Italia) --- Banca d'Italia, Eurosistema --- Bank of Italy --- Bankitalia --- Banque d'Italie --- BI (Banca d'Italia) --- Banca romana (1870-1893) --- Banca nazionale nel Regno d'Italia --- Italia --- Italian Republic --- Italianska republika --- Italʹi͡anskai͡a Rėspublika --- Italie --- Italien --- Italii͡ --- Italii͡a Respublikasi --- Italiĭsʹka Respublika --- Itālija --- Itālijas Republika --- Italijos Respublika --- Italikē Dēmokratia --- Īṭāliy --- Italiya Respublikasi --- It'allia --- It'allia Konghwaguk --- İtalya --- İtalya Cumhuriyeti --- Iṭalyah --- Iṭalye --- Itaria --- Itaria Kyōwakoku --- Jumhūrīyah al-Īṭālīyah --- Kgl. Italienische Regierung --- Königliche Italienische Regierung --- Laško --- Lýðveldið Ítalía --- Olasz Köztársaság --- Olaszország --- Regno d'Italia --- Repubblica italiana --- Republiḳah ha-Iṭalḳit --- Włochy --- Yidali --- Yidali Gongheguo