Labor shares and inequality: insights from Italian economic history, 1895–19701

Autor:	Giacomo Gabbuti
Rok vydání:	2020
Předmět:	History Labour economics Inequality 060106 history of social sciences media_common.quotation_subject 0502 economics and business 05 social sciences Economics Econometrics and Finance (miscellaneous) Economics 0601 history and archaeology 06 humanities and the arts 050207 economics media_common
Zdroj:	European Review of Economic History. 25:355-378
ISSN:	1474-0044 1361-4916
DOI:	10.1093/ereh/heaa010
Popis:	This article develops theoretical and practical motivations for studying the functional distribution of income in the past. Italy is adopted as a case study, because of the availability of long-run estimates on personal inequality and of the long-lasting incidence of self-employment. New labor shares for 1895–1970 show Italian workers accruing a low share of income until 1945; by the end of the 1950s, they rapidly converged to the European average. Italian history shows that functional income distribution deepens our understanding of long- and short-run distributional trends and makes a compelling case for approaching inequality by combining diverse sources and methodologies.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::3afd39f6b86f787a118751fd346ed972 https://doi.org/10.1093/ereh/heaa010 Zobrazit plný text záznamu