The fiscal response to the Italian COVID-19 crisis: A counterfactual analysis

Giovanni Di Bartolomeo (), Paolo D'Imperio and Francesco Felici

No 216, Working Papers in Public Economics from Department of Economics and Law, Sapienza University of Roma

Abstract: The COVID-19 pandemic is an unprecedented worldwide event with a massive impact on the economic system. The first Western country that had to face the COVID-19 crisis was Italy, which therefore represents a natural case study. By using the microdata and granular policy information available at the Italian Ministry of Economy and Finance, this paper provides a macroeconomic quantitative assessment of the initial emergency fiscal measures introduced in 2020 and an analysis of the impact of the COVID-19 shock during the lockdown

Keywords: COVID-19; Coronavirus; Macroeconomic impact; Fiscal policies; Lockdowns; Fiscal-policy-study case (search for similar items in EconPapers)
JEL-codes: E32 E62 E65 (search for similar items in EconPapers)
Pages: 34
Date: 2021-12
New Economics Papers: this item is included in nep-eec and nep-mac
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Citations: View citations in EconPapers (2)

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Related works:
Journal Article: The fiscal response to the Italian COVID-19 crisis: A counterfactual analysis (2022)
Working Paper: The fiscal response to the Italian COVID-19 crisis: A counterfactual analysis (2021)
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