Understanding Italian Inequality Trends* |
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Authors: | Carlo V. Fiorio |
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Affiliation: | Department of Economics, Business and Statistics, University of Milan, Via Conservatorio, 7. 20122 Milan, Italy and Econpubblica, Via Roentgen 1, 20136, Milan, Italy. (e‐mail:carlo.fiorio@unimi.it) |
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Abstract: | This article develops a unifying framework for analysing the effects of: (i) the changing distribution of individual incomes by main factor sources, (ii) the increasing participation of wives in the labour force, and (iii) the changing distribution of family types on the distinctive trends towards inequality in equivalent household income in Italy between 1977 and 2004. Changes in the distribution of work and pension incomes explain most of the trend. The higher average likelihood of wage‐earning wives had an unequalizing effect on households on the left tail of the income distribution. Little is explained by the changing distribution of family types. |
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Keywords: | D31 D63 C51 |
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