Carlo Dell’Aringa was highly respected both as a professor of economics and as an expert involved in the policy debate and in direct policy decisions. Inspired by these traits of his figure, we focus on the link between economic knowledge and policy. In particular, by means of a theoretical model and a simple empirical analysis, we argue that the conduct of fiscal policy is more tuned on social welfare in countries where citizens have a better understanding of economics and financial concepts.
On the Private and Social Benefits of Economic Literacy
Piccirilli G
2019-01-01
Abstract
Carlo Dell’Aringa was highly respected both as a professor of economics and as an expert involved in the policy debate and in direct policy decisions. Inspired by these traits of his figure, we focus on the link between economic knowledge and policy. In particular, by means of a theoretical model and a simple empirical analysis, we argue that the conduct of fiscal policy is more tuned on social welfare in countries where citizens have a better understanding of economics and financial concepts.File in questo prodotto:
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