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Gender wealth gap in Italy

Author

Listed:
  • Giovanni D’Alessio

    () (Bank of Italy)

Abstract

The paper, using data from the Bank of Italy’s Survey of Household Income and Wealth, estimates the intrahousehold distribution of wealth. On the basis of reconstructed data, a large gap between men and women emerges, greater for financial assets than for real assets and in particular for real estate. This gap, smaller among young people, increases with age; it is decreasing over time, but has remained significant in recent years. Gini concentration indices computed on individual net wealth are far greater than those calculated on household wealth or per capita wealth, which shares wealth equally among household members. The trend in concentration indices, however, does not significantly change. Some regressions suggest that the observed gaps are largely attributable to gender differences in terms of age, educational qualifications, employment and income.

Suggested Citation

  • Giovanni D’Alessio, 2018. "Gender wealth gap in Italy," Questioni di Economia e Finanza (Occasional Papers) 433, Bank of Italy, Economic Research and International Relations Area.
  • Handle: RePEc:bdi:opques:qef_433_18
    as

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    File URL: http://www.bancaditalia.it/pubblicazioni/qef/2018-0433/QEF_433_18.pdf
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Household wealth; intrahousehold distribution; gender gap;

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination

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