Restarting the Economy While Saving Lives: Italy Under COVID-19
The main question all countries are facing throughout the world is how to restart their economies while saving lives during the pandemic. Researchers Carlo A. Favero (Bocconi University), Andrea Ichino (European University Institute), and Aldo Rustichini (University of Minnesota) examine these challenges with data from two Italian regions hit hard by COVID-19: Lombardy and Veneto.
This event is part of our special series on Europe and COVID-19. Across Europe, countries are emerging from months-long public health measures and lockdowns designed to curb the spread of the coronavirus. Now, governments are slowly lifting restrictions on restaurants and bars, while schools are reopening. International tourism is about to resume. To provide on-the-ground perspectives on how the pandemic has impacted health, politics, society and the economy in Europe, IES will engage experts from across the continent in conversation.
Carlo Favero is Professor in the Department of Finance at Bocconi University in Milan, where he teaches Econometrics. In addition to serving as advisor to the Italian Ministry of the Treasury for the construction of an econometric model of the Italian economy, he has been consulting the European Commission, the World Bank and the European Central Bank, on monetary policy and bond markets.
Andrea Ichino has taught at Bocconi University in Milan, at the University of Bologna, and is now at the European University Institute in Fiesole. His research interests are in labour economics, economics of education and microeconometrics. He is a Research Fellow of CEPR, CESifo, IZA and one of the Managing Editors of the journal Economic Policy.
Aldo Rustichini is professor of Economics at the University of Minnesota, USA. His research areas are decision theory, game theory, experimental economics, and neuroeconomics.