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The Effects of Monetary Policy on Gross Domestic Product, Investment and Inflation: An Analysis of Italian Regional Heterogeneity | Synapse
March 3, 2026
Open Access
The Effects of Monetary Policy on Gross Domestic Product, Investment and Inflation: An Analysis of Italian Regional Heterogeneity
SC
Sara Cecchetti
VG
Valter Di Giacinto
Bank of Italy
FM
Francesco Montaruli
Bank of Italy
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Puntos clave
The analysis shows that monetary policy effectively influences gross domestic product in various regions.
Investment levels in different Italian regions respond variably to shifts in monetary policy, indicating heterogeneity.
Evaluation of data from various regions reveals significant differences in inflation responses to monetary policy changes.
Understanding regional variations in response to monetary policy can inform future economic strategies and policies.
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Cite This Study
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Cecchetti et al. (Thu,) studied this question.
synapsesocial.com/papers/69a76049c6e9836116a2cdeb
https://doi.org/https://doi.org/10.2139/ssrn.6173181