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Distant and different? : lockdown and inequalities in Italy

39-54 p.

We simulate the shortterm effect of 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 increase both in 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 for households more vulnerable to economic shocks. [Publisher's text].

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Economia pubblica : XLVIII, 2, 2021