Italy`s system of social protection has come under criticism for being fragmented and excessively skewed toward pensioners and quot;insiders.quot; After setting up a consolidated presentation of the social security accounts, this paper provides an empirical assessment of the effectiveness of the...

Italy’s system of social protection has come under criticism for being fragmented and excessively skewed toward pensioners and “insiders.” After setting up a consolidated presentation of the social security accounts, this paper provides an empirical assessment of the effectiveness of the...