The Fiscal Response to the Italian COVID-19 Crisis: A Counterfactual Analysis

Bartolomeo, Giovanni Di; D’Imperio, Paolo; Felici, Francesco

doi:10.2139/ssrn.3994695

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2022

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Cited by 2 publications

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“…Apart from the announcement effects, according to a recent study of Di Bartolomeo and D'Imperio (2022) , the National Recovery and Resilience Plan (NRRP), financed in large part through Next Generation EU resources, would have an impact on the level of GDP equal to 0.5 in 2021, 1.0 percent in 2022, and increasing effects during the following years. Official estimates contained in the actual NRRP are close to these figures (0.5 in 2021 and 1.2 percent in 2022).…”

Section: Resultsmentioning

confidence: 99%

The fiscal response to the Italian COVID-19 crisis: A counterfactual analysis

Bartolomeo

D’Imperio²

2022

Journal of Macroeconomics

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Section: Resultsmentioning

confidence: 99%

The fiscal response to the Italian COVID-19 crisis: A counterfactual analysis

Bartolomeo

D’Imperio²

2022

Journal of Macroeconomics

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Changes in household income during COVID-19: a longitudinal analysis

Pietro

2022

SN Bus Econ

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This paper investigates how Italian household income has changed across different stages of COVID-19 after considering the effects of support measures taken by the government to lessen the detrimental economic impact of the pandemic. We use longitudinal microdata from six waves of a nationally representative household survey conducted by the Bank of Italy at various points in time during 2020 and most of 2021. Panel data results show an improvement or at least no deterioration in the household’s financial situation following the initial negative shock of COVID-19 in early 2020. Additionally, while our estimates suggest that the economic crisis instigated by COVID-19 has not had any differential effect by household area of residence and household size, the level of education of the household head seems to matter. Specifically, households headed by individuals with higher education are less likely to have been financially harmed by the pandemic than those headed by individuals with a lower level of education.

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The Fiscal Response to the Italian COVID-19 Crisis: A Counterfactual Analysis

Cited by 2 publications

References 33 publications

The fiscal response to the Italian COVID-19 crisis: A counterfactual analysis

The fiscal response to the Italian COVID-19 crisis: A counterfactual analysis

Changes in household income during COVID-19: a longitudinal analysis

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