In the Italian public debate growing attention has been recently paid to ?household impoverishment?. Subjective indicators of economic condition show that this concern reflects a common sentiment of the Italian population. On the other hand, estimates based on the Bank of Italy?s Survey of...

In the Italian public debate growing attention has been recently paid to household impoverishmentʺ. Subjective indicators of economic condition show that this concern reflects a common sentiment of the Italian population. On the other hand, estimates based on the Bank of Italy's Survey of...

The paper describes the evolution of the well-being of the Italians during the 150 years since the country's unification. The progress in material standard of living was substantial, with GDP per capita growing 13 times between 1861 and 2010 and hours of work (and hence effort) falling...