Disabilità e povertà: il ruolo delle pensioni di invalidità civile. Un'analisi DSGE per i dati italiani

Abstract

The aim of this paper is to investigate the effects of an increase in civilian disability pensions on key macroeconomic variables. In particular, the focus is on consumption of households with at least one disabled member. The analysis is performed simulating a DSGE model using Italian data. The exercise is implemented through a reduction of public spending. Results show that an increase of 0.1% of civilian disability pensions ensures that households with disabled member exit from poverty status and also generates an increase of their consumption. Moreover, we observe a positive indirect effect on consumption of households without disabled member