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In the Survey of Household Income and Wealth (SHIW) conducted by the Bank of Italy, the flow variables (income and consumption) refer to the year preceding the interview while the stock variables (household composition and net wealth) refer to the end of the year. However, there are some...
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Economic convergence at the sub-national level could have spatially explicit manifestations reflecting convergence clubs and other forms of geographical clustering that are not captured by an overall inequality measure. By decomposing the Theil index of per capita income inequality into between...
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