Households at risk of severe material deprivation: the cases of Italy and Spain

Chiara Mussida and Maria Laura Parisi

No dises142, DISCE - Quaderni del Dipartimento di Scienze Economiche e Sociali from Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE)

Abstract: This paper documents how the phenomenon of severe material deprivation spread out in Italy and Spain in the recent past. These two European countries have experienced an increasing risk of poverty since the economic crisis, when more than 20% of households fell under the poverty line. Moreover, a considerable share of these households are also materially deprived. Stylized facts suggest that, despite pertaining to the same area, even before the onset of the Great Recession, they look different in relative terms, since they show heterogeneous severe material deprivation rates, below and above the EU average. The percentage for Spain is below the average, while the share for Italy is above the average and almost double that for Spain. The analysis reveals which households characteristics are associated to the risk of being severely materially deprived and whether the risk differs across Spain and Italy.

Keywords: severe material deprivation; households; Italy; Spain (search for similar items in EconPapers)
JEL-codes: I32 I38 J12 J14 (search for similar items in EconPapers)
Pages: 50 pages
Date: 2019-07
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Published in Review of Economics, Month aaaa, pages nn1-nn2

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