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Changes in wealth distribution in Italy (2002-2012) and who gained from the Great Recession

PSL Quarterly Review

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Title Changes in wealth distribution in Italy (2002-2012) and who gained from the Great Recession
 
Creator Drudi, Ignazio; University of Bologna
Tassinari, Giorgio; University of Bologna
Alboni, Fabrizio; Res coop Bologna
 
Subject Inequality, Family assets, Net wealth, Gini decomposition
D10, D31
 
Description The aim of the paper is to analyze changes in families’ assets between 2002 and 2012; to measure changes in the degree of inequality; and to identify which social groups (or classes) have gained from these changes, using the decomposition procedure of the Gini concentration ratio proposed by Dagum (1997).  Our paper introduces also two important methodological innovations. First the definition of household wealth that we use is net wealth minus the value of the household’s home, if owned. Moreover, we developed a new method for computing the Gini coefficient with negative values and for decomposing it.Keywords: Inequality, Family assets, Net wealth, Gini decompositionJEL Classification: D10, D31
 
Publisher Economia civile
 
Contributor —
 
Date 2017-07-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/13805
10.13133/2037-3643_70.281_2
 
Source PSL Quarterly Review; Vol 70, No 281 (2017): June; 129-153
PSL Quarterly Review; Vol 70, No 281 (2017): June; 129-153
2037-3643
ISSN 2037-3635
 
Language eng
 
Relation http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/13805/pdf_9
 
Rights Copyright (c) 2017 Ignazio Drudi, Giorgio Tassinari, Fabrizio Alboni
http://creativecommons.org/licenses/by-nc-nd/4.0