We simulate the short-term effect of two months of lockdown on the Italian income distribution. With a static microsimulation model we show how poverty and inequality were effected by restrictions imposed during Coronavirus outbreak in March and April. We estimate a not negligible increase both in poverty and inequality, effects to a large extent mitigated by stimulus measures implemented by the government. However, we show that adopting alternative social protection approaches would have guaranteed a more universal coverage in particular for households more vulnerable to economic shocks.
Distant and different? Lockdown and inequalities in Italy / Paolo Brunori, Maria Luisa Matino, Letizia Ravagli, Nicola Sciclone. - In: ECONOMIA PUBBLICA. - ISSN 1972-5566. - STAMPA. - (2021), pp. 39-54.
Distant and different? Lockdown and inequalities in Italy
Paolo Brunori;Nicola ScicloneWriting – Original Draft Preparation
2021
Abstract
We simulate the short-term effect of two months of lockdown on the Italian income distribution. With a static microsimulation model we show how poverty and inequality were effected by restrictions imposed during Coronavirus outbreak in March and April. We estimate a not negligible increase both in poverty and inequality, effects to a large extent mitigated by stimulus measures implemented by the government. However, we show that adopting alternative social protection approaches would have guaranteed a more universal coverage in particular for households more vulnerable to economic shocks.File | Dimensione | Formato | |
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