%0 Report
        %A Boeri, Tito
%A Brandolini, Andrea
        %T The Age of Discontent: Italian Households at the Beginning of the Decade
        %D 2005
        %8 2005 Mar
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 1530
        %U https://www.iza.org/publications/dp1530
        %X In the Italian public debate growing attention has been recently paid to “household impoverishment”. Subjective indicators of economic condition show that this concern reflects a common sentiment of the Italian population. On the other hand, estimates based on the Bank of Italy’s Survey of Household Income and Wealth reveal a surprising stability of income distribution in the period 1993-2002, after the sharp widening amid the 1991-92 recession. A number of possible reasons that can account for this apparent inconsistency are investigated: data deficiencies; disappointed expectations; significant distributive changes across socio-economic groups which have cancelled out at the aggregate level; higher income mobility not captured by static inequality indices.
        %K poverty
%K income inequality
%K household confidence
%K income mobility