Poverty dynamics and the ability of the Italian welfare system to reduce poverty are investigated by using the 1991-1995 panel of the Bank of Italy's Survey of Household Income and Wealth. Households most exposed to poverty live in the South, have a larger size, a young or female head, with a low educational level or a discontinuous work profile. The dynamic and static effectiveness (in terms of poverty reduction) of social transfers is analysed, as well as the factors affecting exclusion from the safety net. A closer look is taken at the effects of a minimum income guarantee in the experimental phase in Italy.
International Journal of Manpower – Emerald Publishing
Published: May 1, 2000
Keywords: Wealth; Income; Italy
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