Economics at your fingertips  

Do Covid-19 mobility restrictions affect economic uncertainty in Italy? Evidence from a SVAR approach

Chiara Casoli (), Luca Pedini and Francesco Valentini
Additional contact information
Chiara Casoli: Fondazione Eni Enrico Mattei

Economics Bulletin, 2021, vol. 41, issue 4, 2418-2432

Abstract: The implications of Covid-19 are severe not only in terms of healthcare, but also from a socio-economic perspective. However, its impact on economic systems and the evaluation of related policy decisions are difficult to assess due to lack of related data. One possibility is to focus on the epidemic induced economic uncertainty: in this article we investigate the links between individual mobility limitations due to the pandemic outbreak and the resulting economic distrust in Italy, measured with an ad hoc Google Trend index. We propose an analysis based on Structural Vector Autoregressive models discovering a persistent surge in economic uncertainty as a response to Covid-19 and mobility shocks.

Keywords: Covid-19; mobility restrictions; economic uncertainty; structural vector autoregression (search for similar items in EconPapers)
JEL-codes: E6 (search for similar items in EconPapers)
Date: 2021-12-29
References: Add references at CitEc

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().

Page updated 2024-03-31
Handle: RePEc:ebl:ecbull:eb-21-00637