Effects of the Covid Pandemic on the Economic Vulnerability of Italian Society

MARCO FATTORE ^[1] ; STEFANIA M. L. RIMOLDI ^[1]
1. [1] University of Milano-Bicocca
  
  University of Milano-Bicocca
  
  Milán, Italia
Localización: Hacienda Pública Española / Review of Public Economics, ISSN 0210-1173, Nº 247, 2023 (Ejemplar dedicado a: Special issue on economic insecurity, vulnerability and inequality: The role of public policies), págs. 37-68
Idioma: español
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Resumen
- This paper provides some insights on the effects of the Covid pandemic, on the economic vulnerability of Italian society. Data come from the first 5 waves of a special social survey, held by Bank of Italy, to monitor the economic consequences of the Covid emergency. Economic vulnerability is assessed through a set of four ordinal variables, then condensed into a synthetic measure, by using tools from Partial Order Theory; social groups are identified based on profiling socio-economic variables. Results reveal the heavy economic impact of the pandemic and the risk of increased polarization of the Italian society.