IDEAS home Printed from https://ideas.repec.org/p/osf/socarx/72gwt.html
   My bibliography  Save this paper

Global Perspective on Italian Capitalism

Author

Listed:
  • Ranaldi, Marco

Abstract

This paper investigates the relationship between national and global distributions of capital and labor income in Italy from 1989 to 2020. By combining data from the Global Capital and Labor (GCL) Database and the Italian Survey of Household Income and Wealth (SHIW), it presents five principal findings. First, between 1989 and 2016, Italians consistently declined in their global income rankings based on both capital and labor income. Second, during this period, individuals in the lower income deciles across all regions (North, Center, and South of Italy) experienced more significant declines in both types of income. Third, these trends reversed from 2016 to 2020. Fourth, labor income became a more crucial determinant of global income status for Italians compared to capital income. Fifth, transfer income can no longer elevate Italians at the bottom of the labor income distribution to global middle-class standards, unlike in the past. (Stone Center on Socio-Economic Inequality Working Paper)

Suggested Citation

  • Ranaldi, Marco, 2024. "Global Perspective on Italian Capitalism," SocArXiv 72gwt, Center for Open Science.
    • Handle: RePEc:osf:socarx:72gwt
    DOI: 10.31219/osf.io/72gwt
    as

    Download full text from publisher

    File URL: https://osf.io/download/66326738419d000668fe9d4e/
    Download Restriction: no
    File URL: https://libkey.io/10.31219/osf.io/72gwt?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:osf:socarx:72gwt. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: OSF (email available below). General contact details of provider: https://arabixiv.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.