Italy's Financial Accounts Since 1950
53 Pages Posted: 31 Jul 2012
Date Written: December 1, 2005
Abstract
This paper reconstructs the main items in the Italian financial accounts since 1950, providing unconsolidated end-of-year stocks. To allow for a meaningful interpretation of the dynamics over time, existing sources have been harmonized as regards the definitions of the institutional sectors and the classification of the different financial instruments.
We also provide a description of the main methodological discontinuities and the definitions of institutional sectors and financial instruments as these evolve over time.
A statistical appendix concludes the paper, reporting the time series for all the sectors and all the financial instruments from 1950 to 2004. This data-set represents a useful tool in assessing the long-run trends in the Italian financial structure.
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