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  1. CEPR
    https://cepr.org/voxeu/columns/growing-concentration-wealth-italy-evidence-new-source-data

    The growing concentration of wealth in Italy: Evidence …

    • In a new paper (Acciari et al. 2021), we make use of newly assembled microdata on the inheritance tax records in Italy, a country with one of the highest wealth-to-income ratios in the developed world. The us… See more

    Adjustments

    Several adjustments are applied to the data. First, real estate cadastral values have to be brought in line with market prices. Second, the distribution of decedents … See more

    CEPR
    Main Results

    Our estimates suggest that the wealth share of the top 1% (half a million individuals) increased from 16% in 1995 to 22% in 2016; the share accruing to the top 0.01% (the … See more

    CEPR
    A Multi-Series Approach

    The production of our benchmark series involves a number of controversial imputation decisions, and this led us to produce series based on alternative choices. Gi… See more

    CEPR
    The Potential Determinants of Wealth Concentration

    Identifying the channels affecting the evolution of wealth inequality is a fundamental question that has important implications for policy and has been attracting … See more

    CEPR
    Does Italy have a high wealth concentration & inequality?
    Unlike available statistics estimated from household survey data, our results point to a strong rise in wealth concentration and inequality since the mid-1990s. Whereas the level of wealth concentration in Italy is in line with those of other European countries, its time trend appears more in line with the U.S. experience.
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    Table of Contents
    Adjustments
    Main Results
    A Multi-Series Approach
    The Potential Determinants of Wealth Concentration
    Does Italy have a high wealth concentration & inequality?
     
  1. In 2017 residential real estate accounted for almost half of the wealth of Italian households. The remaining wealth was mainly composed by other financial assets (19 percent), and currency and deposits (13 percent).

    Italy: households' wealth composition by asset type | Statista

    www.statista.com/statistics/1181891/households-wealth-composition-by-asset-type-italy/
    www.statista.com/statistics/1181891/households-wealth-composition-by-asset-t…
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  2. People also ask
    How to improve data on wealth distribution in Italy?
    Three main steps can be taken to improve data on wealth distribution in Italy. First, the stock of asset holdings may be indirectly estimated through the observation of their resulting yields via capitalization methods. Such ows of income, the asset returns, can be partly observed in income tax data. 36

    The concentration of personal wealth in Italy 1995-2016

    wid.world
    Is the personal distribution of wealth in Italy a good idea?
    The data currently available to study the personal distribution of wealth in Italy are not ideal. As a consequence, many decisions based on judgment had to be made. We have sought to be as explicit about the adjustments as space and readability permit. Other scholars may opt to apply dierent assumptions.

    The concentration of personal wealth in Italy 1995-2016

    wid.world
    Does Italy have a high wealth concentration & inequality?
    Unlike available statistics estimated from household survey data, our results point to a strong rise in wealth concentration and inequality since the mid-1990s. Whereas the level of wealth concentration in Italy is in line with those of other European countries, its time trend appears more in line with the U.S. experience.

    The concentration of personal wealth in Italy 1995-2016

    wid.world
    What drives wealth concentration in Italy?
    SM acknowledges support during visiting periods from the Fondazione Lelio e Lisli Basso, the Department of Social Policy and Intervention and the Nuffield College at the University of Oxford. The authors explore the role of household wealth portfolios, accumulation patterns & inheritance flows as main drivers of wealth concentration in Italy.

    The concentration of personal wealth in Italy - WID

    wid.world
    How much nancial wealth does Italy have?
    For this, we assume that half belongs to individuals, and allocate to Italy the country’s share of global GDP.28The resulting estimate of unreported nancial wealth held oshore by Italian investors is AC187.2 billion in 2007, or some 2{3% of personal wealth.29

    The concentration of personal wealth in Italy 1995-2016

    wid.world
    How much does the share of undeclared wealth increase in Italy?
    If we assume that the share of undeclared wealth as well as its relative distribution across the wealth distribution in Italy is the same of what was estimated for Denmark and Norway by Alstadsˆter et al. (2019), then the share held by the top 1% increases by 1 to 2 percentage points throughout with respect to the series before this adjustment.

    The concentration of personal wealth in Italy 1995-2016

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  3. Banca d'Italia
    https://www.bancaditalia.it/statistiche/tematiche/...

    Bank of Italy - Distributional Accounts on Household Wealth

  4. Banca d'Italia
    https://www.bancaditalia.it/statistiche/tematiche/...

    Bank of Italy - Household Income and Wealth - Banca d'Italia

  5. WID - World Inequality Database
    https://wid.world/country/italy

    Italy - WID - World Inequality Database

    Over the past decades, the increase in economic inequalities was largely driven by a rise in income and wealth accruing to the top of the distribution. However, household surveys, the data sources traditionally used to observe these …

  6. WID - World Inequality Database
    https://wid.world/news-article/the-concentration...

    The concentration of personal wealth in Italy

  7. cuny.edu
    https://stonecenter.gc.cuny.edu/how-is-pers…

    How Is Personal Wealth Concentrated in Italy, Which …

    The only existing source of data currently available in Italy to estimate wealth distribution is the household survey data (SHIW). This source suggests an almost flat evolution of wealth inequality since 1995, with the wealth share of …

  8. WID - World Inequality Database
    https://wid.world/document/the-concentration-of...
    [PDF]

    The concentration of personal wealth in Italy 1995-2016

  9. Banca d'Italia
    https://www.bancaditalia.it/pubblicazioni/indagine...

    Bank of Italy - Survey on Household Income and Wealth - 2020

  10. stanford.edu
    https://web.stanford.edu/~pista/fstudies.pdf
    [PDF]

    The Dynamics of Household Wealth Accumulation in Italy

  11. Wiley Online Library
    https://onlinelibrary.wiley.com/doi/10.1111/r…

    The Evolution of Income Composition Inequality in …

    Oct 27, 2021 · To compute the IFC index, we use the Survey of Household Income and Wealth (SHIW) provided by the Bank of Italy (Bank of Italy, 2016). The survey covers 8274 households composed of 25, 150 individuals and 13, …