COVID-19 vaccination and unemployment risk: lessons from the Italian crisis

Abstract This paper analyzes the impact of mobility contraction on employee furlough and excess deaths in Italy during the COVID-19 crisis. Our approach exploits rainfall patterns across Italian administrative regions as a source of exogenous variation in human mobility to pinpoint the causal effect...

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Main Authors: Valentina Pieroni, Angelo Facchini, Massimo Riccaboni
Format: Article
Language:English
Published: Nature Portfolio 2021-09-01
Series:Scientific Reports
Online Access:https://doi.org/10.1038/s41598-021-97462-6
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author Valentina Pieroni
Angelo Facchini
Massimo Riccaboni
author_facet Valentina Pieroni
Angelo Facchini
Massimo Riccaboni
author_sort Valentina Pieroni
collection DOAJ
description Abstract This paper analyzes the impact of mobility contraction on employee furlough and excess deaths in Italy during the COVID-19 crisis. Our approach exploits rainfall patterns across Italian administrative regions as a source of exogenous variation in human mobility to pinpoint the causal effect of mobility restrictions on excess deaths and furlough workers. Results confirm that the first countrywide lockdown has effectively curtailed the COVID-19 epidemics restricting it mainly to the northern part of the country, with the drawback of a countrywide increase in unemployment risk. Our analysis points out that a mobility contraction of 1% leads to a mortality reduction of 0.6%, but it induces an increase of 10% in Wage Guarantee Funds allowed hours. We discuss return-to-work policies and prioritizing policies for administering COVID-19 vaccines in the most advanced stage of a vaccination campaign when the healthy active population is left to be vaccinated.
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spelling doaj.art-5214669dc5ff414dbfa5c0f17f0c2cba2022-12-21T21:52:31ZengNature PortfolioScientific Reports2045-23222021-09-011111810.1038/s41598-021-97462-6COVID-19 vaccination and unemployment risk: lessons from the Italian crisisValentina Pieroni0Angelo Facchini1Massimo Riccaboni2IMT School for Advanced Studies LuccaIMT School for Advanced Studies LuccaIMT School for Advanced Studies LuccaAbstract This paper analyzes the impact of mobility contraction on employee furlough and excess deaths in Italy during the COVID-19 crisis. Our approach exploits rainfall patterns across Italian administrative regions as a source of exogenous variation in human mobility to pinpoint the causal effect of mobility restrictions on excess deaths and furlough workers. Results confirm that the first countrywide lockdown has effectively curtailed the COVID-19 epidemics restricting it mainly to the northern part of the country, with the drawback of a countrywide increase in unemployment risk. Our analysis points out that a mobility contraction of 1% leads to a mortality reduction of 0.6%, but it induces an increase of 10% in Wage Guarantee Funds allowed hours. We discuss return-to-work policies and prioritizing policies for administering COVID-19 vaccines in the most advanced stage of a vaccination campaign when the healthy active population is left to be vaccinated.https://doi.org/10.1038/s41598-021-97462-6
spellingShingle Valentina Pieroni
Angelo Facchini
Massimo Riccaboni
COVID-19 vaccination and unemployment risk: lessons from the Italian crisis
Scientific Reports
title COVID-19 vaccination and unemployment risk: lessons from the Italian crisis
title_full COVID-19 vaccination and unemployment risk: lessons from the Italian crisis
title_fullStr COVID-19 vaccination and unemployment risk: lessons from the Italian crisis
title_full_unstemmed COVID-19 vaccination and unemployment risk: lessons from the Italian crisis
title_short COVID-19 vaccination and unemployment risk: lessons from the Italian crisis
title_sort covid 19 vaccination and unemployment risk lessons from the italian crisis
url https://doi.org/10.1038/s41598-021-97462-6
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