TY  - RPRT
        AU  - Boeri, Tito
AU  - Brandolini, Andrea
        TI  - The Age of Discontent: Italian Households at the Beginning of the Decade
        PY  - 2005/Mar/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 1530
        UR  - https://www.iza.org/publications/dp1530
        AB  - 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.
        KW  - poverty
KW  - income inequality
KW  - household confidence
KW  - income mobility
        ER  -