Abstract

*Senior Advisor for International Monetary Affairs, Ministry of Budget and Planning, Rome. 'For the basis of the published article, which contains a more detailed discussion of the specification of the model, the empirical results, and the data used, see Giuseppe Tullio, "A Quarterly Disequilibrium Model of the Italian Economy with Endogenous Exchange Rates" (unpublished, June 2, 1980). A copy is available upon request to the author, whose address is Ministero del Bilancio e della Programmazione Economica, Segretaria Generale Della Programmazione, Via XX Settembre 97, 00187 Roma, Italy.

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