Assessing the Increase of Italian Families Perceived Vulnerability

Stefania Gabriele (), Corrado Pollastri () and Michele Raitano
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Stefania Gabriele: ISAE, Rome
Corrado Pollastri: CER, Rome

Rivista di Politica Economica, 2008, vol. 98, issue 5, 293-324

Abstract: 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.

Keywords: social risk; risk shift; vulnerability; confidence indicators; subjective poverty (search for similar items in EconPapers)
JEL-codes: C51 C52 D12 I32 I38 (search for similar items in EconPapers)
Date: 2008
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