Prices, distribution and investment in Italy 1951-1966: an interpretation

Abstract

The work analyses the Italian economy from 1951 to 1966. The first part of the paper is devoted to the theoretical hypotheses which find their place in a model of the Italian economy illustrated in the second part. The author is mainly concerned with clarifying certain theoretical points and, in particular, initiating a type of analysis which considers variations in certain important aggregates and in certain categories of prices and wages simultaneously, which helps to bridge macro- and micro-economics. JEL: E31, E24

Keywords

• Italy
• model of the Italian economy
• prices
• wages