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Luca Fornaro
lucafornaro.bsky.social
did:plc:ldf3lvbhbhdg3w7ds6wphtuw
Some thoughts on the interactions between public debt, public investments and productivity growth in the euro area. Key risk is that the union ends up being split between a fiscally sound/high growth block and a fiscally stagnant one.
https://www.ecb.europa.eu/pub/pdf/sintra/ecb.forumcentbankpub2025_Fornaro_paper.en.pdf
2025-09-23T08:45:21.002Z