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| Title: | | The Age of Discontent: Italian Households at the Beginning of the Decade  |
| Authors: | | Boeri, Tito Brandolini, Andrea |
| Issue Date: | | 2005 |
| Series/Report no.: | | IZA Discussion paper series 1530 |
| Abstract: | | In the Italian public debate growing attention has been recently paid to ?household impoverishment?. Subjective indicators of economic condition show that this concern reflects a common sentiment of the Italian population. On the other hand, estimates based on the Bank of Italy?s Survey of Household Income and Wealth reveal a surprising stability of income distribution in the period 1993-2002, after the sharp widening amid the 1991-92 recession. A number of possible reasons that can account for this apparent inconsistency are investigated: data deficiencies; disappointed expectations; significant distributive changes across socio-economic groups which have cancelled out at the aggregate level; higher income mobility not captured by static inequality indices. |
| Subjects: | | household confidence income inequality poverty income mobility |
| JEL: | | D31 I3 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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| dp1530.pdf | | 298.57 kB | Adobe PDF |
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