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Assessing the Increase of Italian Families Perceived Vulnerability


  • Stefania Gabriele

    () (ISAE, Rome)

  • Corrado Pollastri

    () (CER, Rome)

  • Michele Raitano

    () (Sapienza University of Rome)


Many scholars recently highlighted the increase of individuals and families vulnerability in OECD countries. In Italy a clear sign of increase emerges observing the long-lasting worsening trends of subjective poverty and consumer confidence on personal condition indexes. Several factors can affect such trends. We analyse the role played by some of these factors since 1990 according to two perspectives: i) through micro-econometric tools, social groups more exposed to a risk shift process are identified; ii) on a macro level, we infer the main determinants of the vulnerability increase, verifying if the observed trend can be linked to some variables proxies of risk increasing processes.

Suggested Citation

  • Stefania Gabriele & Corrado Pollastri & Michele Raitano, 2008. "Assessing the Increase of Italian Families Perceived Vulnerability," Rivista di Politica Economica, SIPI Spa, vol. 98(5), pages 293-324, September.
  • Handle: RePEc:rpo:ripoec:v:98:y:2008:i:5:p:293-324

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    More about this item


    social risk; risk shift; vulnerability; confidence indicators; subjective poverty;

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs


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