Is the Kuznets curve still alive? Evidence from Italian household budgets, 1881-1961

Published

Journal Article

We investigate secular changes in the distribution of personal expenditure in Italy. To this end we present a new data set, consisting of 4,370 family-level budgets scattered over the years 1881-1961. Our methodology is innovative for this kind of study. Italy's secular trend proves to have been egalitarian, and to have accelerated in periods of fast output growth. Sectoral, residential, and demographic changes associated with "modern economic growth" account for a minor part of the observed changes in expenditure distribution, suggesting that other factors, such as wage differentials, play a dominant role in explaining the dynamics of inequality.

Duke Authors

Cited Authors

  • Rossi, N; Toniolo, G; Vecchi, G

Published Date

  • December 1, 2001

Published In

Volume / Issue

  • 61 / 4

Start / End Page

  • 904 - 925

International Standard Serial Number (ISSN)

  • 0022-0507

Citation Source

  • Scopus