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An empirical investigation of the relationship between inequality and growth

Pagano, Patrizio - Banca d'Italia - 2004

This paper studies the correlation between inequality, measured by the Gini coefficent of incomes, and the growth rate … of per capita GDP in a panel of countries between the late 1950s and late 1990s. Inequality Granger causes growth with a … negative coefficient, while growth Granger causes inequality with a positive sign. Quantitatively, the former effect appears …

Persistent link: https://www.econbiz.de/10005609408

Multidimensional poverty and inequality

Aaberge, Rolf; Brandolini, Andrea - Banca d'Italia - 2014

This paper examines different approaches to the measurement of multidimensional inequality and poverty. First, it … treatment in poverty measurement. Finally, it reviews the axiomatic approach to inequality analysis. The paper provides a …

Persistent link: https://www.econbiz.de/10011099670

The change in job opportunities

Olivieri, Elisabetta - Banca d'Italia - 2012

In the last 15 years the Italian employment structure has undergone some radical changes. As a result, the proportion of high-skilled jobs (managers and professionals) has increased at the expense of medium-skilled jobs (clerks). Differently from the US, in Italy (and in many other European...

Persistent link: https://www.econbiz.de/10009654303

Measuring wealth mobility

Neri, Andrea - Banca d'Italia - 2009

In the economic literature on mobility measurement issues are generally disregarded. The aim of the paper is to assess their impact on the analysis of Italian households' mobility across the wealth distribution in the 1989-2004 period. The paper shows that response (or measurement) errors and...

Persistent link: https://www.econbiz.de/10005113585

Democratization and Civic Capital in Italy

Guiso, Luigi; Pinotti, Paolo - Banca d'Italia - 2011

We document a sharp reversal in electoral participation between the North and the South of Italy after the 1912 enfranchisement which extended voting rights from a limited lite to (almost) all adult males. When voting was restricted to the elite, electoral turnout was higher in the South but...

Persistent link: https://www.econbiz.de/10009364465

My parents taught me. Evidence on the family transmission of values

Albanese, Giuseppe; Blasio, Guido de; Sestito, Paolo - Banca d'Italia - 2014

The paper uses questions included in the 2010 wave of the Bank of Italyï¿½s Survey on Household Income and Wealth to investigate the role of family transmission of values. It presents three main empirical findings. First, the paper shows that a number of attitudes (generalized and...

Persistent link: https://www.econbiz.de/10011099666

A tale of an unwanted outcome: transfers and local endowments of trust and cooperation

Accetturo, Antonio; Blasio, Guido de; Ricci, Lorenzo - Banca d'Italia - 2014

Transfers can do good; however, they can also result in massive failures. This paper presents a model that highlights the ambiguous nature of the impact of transfers on local endowments of social capital. It then describes an empirical investigation that illustrates that the receipt of EU...

Persistent link: https://www.econbiz.de/10011099723

Trust and preferences: evidence from survey data

Albanese, Giuseppe; Blasio, Guido de; Sestito, Paolo - Banca d'Italia - 2013

This paper considers the role of preferences in explaining trust. By using the Bank of Italyï¿½s Survey on Household Income and Wealth (SHIW), the paper shows that time preferences and risk preferences are key covariates of self-reported trust. They both predict negatively a measure of...

Persistent link: https://www.econbiz.de/10011105132

Social capital and inequality in Italy

Blasio, Guido de; Nuzzo, Giorgio - Banca d'Italia - 2012

negative correlation between social capital and inequality. This chapter provides some empirical findings on Italy that confirm …

Persistent link: https://www.econbiz.de/10009654306

Wealth and inequality in Italy

D'Alessio, Giovanni - Banca d'Italia - 2012

the analysis of wealth inequality. On the basis of reconstructed data, we show that household wealth inequality declined … afterwards. By international standards, Italy does not have a high level of wealth inequality (contrary to the evidence available … together with the opinions on inequality collected by means of statistical surveys. …

Persistent link: https://www.econbiz.de/10009654307