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markets, is a way to move wealth around states of nature in order to smooth consumption. The aim is to construct the system of …
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The paper describes first the evolution in total household wealth in Italy over the period 1965-2010 before addressing … 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 …
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