IDEAS home Printed from https://ideas.repec.org/a/bot/rivsta/v75y2015i2p227-244.html
   My bibliography  Save this article

The Long Goodbye: Wealth Concentration in Italy 2002-2012

Author

Listed:
  • Ignazio Drudi

    () (Alma Mater Studiorum - Università di Bologna, Italy)

  • Giorgio Tassinari

    () (Alma Mater Studiorum - Università di Bologna, Italy)

Abstract

The paper illustrates the changes in family assets between 2002 and 2012, and measures the changes in the degree of inequality using Gini coefficient. Futhermore we try to identify which social groups (classes) have gained by these changes, using the decomposition procedure of the Gini concentration ratio proposed by Dagum. The results show that the Great Recession has mainly manifested itself as an increase in the concentration of family assets, whch grows much more than income concentration. The dispersion of values of the assets within social groups has increased, and at the same time so has the transvariation between distributions.

Suggested Citation

  • Ignazio Drudi & Giorgio Tassinari, 2015. "The Long Goodbye: Wealth Concentration in Italy 2002-2012," Statistica, Department of Statistics, University of Bologna, vol. 75(2), pages 227-244.
  • Handle: RePEc:bot:rivsta:v:75:y:2015:i:2:p:227-244
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:psl:pslqrr:2017:22 is not listed on IDEAS

    More about this item

    Keywords

    Household wealth; inequality; Great Recession;

    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:bot:rivsta:v:75:y:2015:i:2:p:227-244. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Giovanna Galatà). General contact details of provider: http://edirc.repec.org/data/dsbolit.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.