Working Paper n.911 - Luglio 2024
Giovanni Federico
New York University, Abu Dhabi
Andrea Incerpi
DEPS, USiena
Abstract
The accuracy of Italy’s current account series in the Liberal Age has been debated since ISTAT reconstruction in 1957, resulting in a few isolated attempts to shed lights on the topic. The aim of the paper is to provide a new estimate for the main components of the current account, that is trade balance and invisibles, taking into account some possible corrections and new methodologies to overcome the limited availability of data. Results suggest to deepen the analysis of post-Unification Italy looking to different perspectives
Keywords
Italy, current account, post-Unification
Jel Codes
N13, N73