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Disabilità e povertà: il ruolo delle pensioni di invalidità civile. Un'analisi DSGE per i dati italiani
[Disability and poverty: the role of civilian disability pensions. A DSGE analysis for Italian data]

Author

Listed:
  • Agovino, Massimiliano
  • Ferrara, Maria

Abstract

The aim of this paper is to investigate the effects of an increase in civilian disability pensions on key macroeconomic variables. In particular, the focus is on consumption of households with at least one disabled member. The analysis is performed simulating a DSGE model using Italian data. The exercise is implemented through a reduction of public spending. Results show that an increase of 0.1% of civilian disability pensions ensures that households with disabled member exit from poverty status and also generates an increase of their consumption. Moreover, we observe a positive indirect effect on consumption of households without disabled member.

Suggested Citation

  • Agovino, Massimiliano & Ferrara, Maria, 2015. "Disabilità e povertà: il ruolo delle pensioni di invalidità civile. Un'analisi DSGE per i dati italiani [Disability and poverty: the role of civilian disability pensions. A DSGE analysis for Italia," MPRA Paper 65616, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:65616
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    More about this item

    Keywords

    Disabilità; Povertà; Politica fiscale;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • I14 - Health, Education, and Welfare - - Health - - - Health and Inequality
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination

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