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Italian Economic Journal - Call for Papers - Special Issue on Financial Fragility and Financial Education of Households and Firms

The shock of the COVID-19 pandemic, the high inflation rates, and the political instability around the world created unprecedented economic challenges for many countries with implications for economic activity, productivity, consumption, and investment, as well as the functioning of financial systems, markets, and industries. While the expansionary policies undertaken in response to the pandemic might have avoided some adverse economic consequences in the short run, they might have increased the indebtedness of firms, default risks, and financial instability in the medium and long run.

For households, the economic consequences and the effects of various policies might also depend on their financial fragility, income, wealth, and financial education. Indeed, the pandemic has exacerbated household indebtedness, which is a multifaceted concept affected by household type, characteristics, and a mix of potential risk factors. Analyzing the dynamics of financial fragility and the role of financial education of households and firms has implications for various social and economic stability issues.

The Guest Editors welcome theoretical and empirical papers focused on the role of financial education of households and firms in the new economic environment shaped by recent shocks. Papers about policies related to financial education in Europe and the U.S. are of particular interest.

This special issue aims to collect contributions from researchers on questions related to financial fragility and financial education. Potential topics may include (but are not limited to):

  • determinants of financial fragility of firms and households
  • interactions among effects of financial education and shocks on household and firm financial fragility
  • importance of financial education for firms and households
  • role of institutions in shaping appropriate policies for household financial education


We invite submissions of empirical and theoretical contributions that analyze the above and related topics with an emphasis on a policy perspective.

Submission guidelines: https://www.springer.com/journal/40797/submission-guidelines (this opens in a new tab)

Submission platform: https://www.editorialmanager.com/itej/default2.aspx (this opens in a new tab)

Authors should select the Special Issue "S.I: Financial Fragility and Financial Education of Households and Firms."

Deadline for Submission: 31st March 2024

Guests Editors:

Giorgio Calcagnini (University of Urbino, Italy) giorgio.calcagnini@uniurb.it (this opens in a new tab) 

Riccardo De Bonis (Bank of Italy) riccardo.debonis@bancaditalia.it (this opens in a new tab)

Germana Giombini  (University of Urbino, Italy) germana.giombini@uniurb.it (this opens in a new tab)


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