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On the Link between Functional and Personal Distribution in Italy

In: Sraffa and the Reconstruction of Economic Theory: Volume One

Author

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  • Aldo Barba

Abstract

Italian wage and salary earners have experienced a critical change in their position in recent decades. This change has two dimensions. On the one hand, since the mid-1970s, Italian employees have obtained a lower share of value added.1 On the other hand, since the late 1980s, wider disparities in workers’ pay structure have meant that a small segment of the salaried workforce has not seen its share decline.2 The proportion of income allotted to the bulk of the working class has thus been reduced not only by the expansion of other incomes, but also by the expansion of the income of employees at the top of the pay scale.

Suggested Citation

  • Aldo Barba, 2013. "On the Link between Functional and Personal Distribution in Italy," Palgrave Macmillan Books, in: Enrico Sergio Levrero & Antonella Palumbo & Antonella Stirati (ed.), Sraffa and the Reconstruction of Economic Theory: Volume One, chapter 12, pages 260-283, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-31683-7_13
    DOI: 10.1057/9781137316837_13
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    Cited by:

    1. Barbieri Góes, Maria Cristina, 2019. "Personal income distribution and progressive taxation in a neo-Kaleckian model: Insights from the Italian case," IPE Working Papers 126/2019, Berlin School of Economics and Law, Institute for International Political Economy (IPE).

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