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Effects of the Covid Pandemic on the Economic Vulnerability of Italian Society

Author

Listed:
  • Marco Fattore

    (University of Milano-Bicocca)

  • Stefania M.L. Rimoldi

    (University of Milano-Bicocca)

Abstract

This paper provides some insights on the effects of the Covid pandemic, on the economic vulnerability of Italian society. Data come from the first 5 waves of a special social survey, held by Bank of Italy, to monitor the economic consequences of the Covid emergency. Economic vulnerability is assessed through a set of four ordinal variables, then condensed into a synthetic measure, by using tools from Partial Order Theory; social groups are identified based on profiling socio-economic variables. Results reveal the heavy economic impact of the pandemic and the risk of increased polarization of the Italian society.

Suggested Citation

  • Marco Fattore & Stefania M.L. Rimoldi, 2023. "Effects of the Covid Pandemic on the Economic Vulnerability of Italian Society," Hacienda Pública Española / Review of Public Economics, IEF, vol. 247(4), pages 37-68, December.
    • Handle: RePEc:hpe:journl:y:2023v:247:i:4:p:37-68
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    References listed on IDEAS

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    More about this item

    Keywords

    Covid-19; Economic vulnerability; Italy.;
    All these keywords.

    JEL classification:

    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • C49 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Other
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

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