Distant and Unequal. Lockdown and Inequalities in Italy

Paolo Brunori, Maria Luisa Maitino, Letizia Ravagli and Nicola Sciclone

Working Papers - Economics from Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa

Abstract: We simulate the short-term effectof two months of lockdown on the Italian income distribution. With a static microsimulation model we show how poverty and inequality were effected by restrictions imposed during Coronavirus outbreak in March and April. We estimate a not negligible increasebothin poverty and inequality, effects to a large extent mitigated by stimulus measures implemented by the government. However, we show that adopting alternative social protection approaches would have guaranteed a more universal coverage in particular forhouseholds more vulnerable to economic shocks.

Keywords: Lockdown; inequality; poverty; social protection. (search for similar items in EconPapers)
JEL-codes: D63 H53 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2020
New Economics Papers: this item is included in nep-pbe
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Citations: View citations in EconPapers (9)

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