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The dynamics of household wealth accumulation in Italy Author info | Abstract | Publisher info | Download info | Related research | Statistics Tullio Jappelli
Luigi Pistaferri
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We examine the dynamics of wealth accumulation distribution in Italy using data drawn from the Survey of Household Income and Wealth, a representative survey of the Italian population conducted by the Bank of Italy. We compare survey data with National Accounts data and discuss sample representativeness, attrition and measurement issues. We then look at wealth inequality (the cross-sectional dispersion of wealth) and wealth mobility (individual transitions across the wealth distribution) and examine the age profile of wealth using repeated cross-sectional data. Finally, we consider various explanations for the pattern of wealth accumulation in Italy, focusing on retirement, bequests, income risk, health shocks and credit market imperfections.
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Article provided by Institute for Fiscal Studies in its journal Fiscal Studies .
Volume (Year): 21 (2000)
Issue (Month): 2 (June)
Pages: 269-295
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Handle: RePEc:ifs:fistud:v:21:y:2000:i:2:p:269-295Contact details of provider: Postal: The Institute for Fiscal Studies 7 Ridgmount Street LONDON WC1E 7AE Phone: (+44) 020 7291 4800 Fax: (+44) 020 7323 4780 Email: Web page: http://www.ifs.org.uk
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Find related papers by JEL classification: H50 - Public Economics - - National Government Expenditures and Related Policies - - - General I32 - Health, Education, and Welfare - - Welfare and Poverty - - - Measurement and Analysis of Poverty I38 - Health, Education, and Welfare - - Welfare and Poverty - - - Government Programs; Provision and Effects of Welfare Programs R51 - Urban, Rural, and Regional Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies
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