Inequality and Redistribution over the Life-Cycle in Italy: an Analysis with a Dynamic Cohort Microsimulation Model

Massimo Baldini

Brazilian Electronic Journal of Economics, 2001, vol. 4, issue 2

Abstract: This paper describes the main features of a dynamic cohort microsimulation model applied to Italian households, and presents the results obtained on the themes of income distribution and of the redistributive effects of the Italian welfare state over the life cycle. The model is the first of this kind developed for the Italian economy. The results are compared with those obtained for other countries by previous studies, and some peculiarities shown by the Italian case are highlighted. In particular, the extent of intrapersonal redistribution performed by the Italian tax-benefit system turns out to be higher than the level of interpersonal redistribution.

Keywords: Dynamic Microsimulation; Italy; Income Inequality; Tax-Benefit System (search for similar items in EconPapers)
JEL-codes: C81 H23 H55 (search for similar items in EconPapers)
Date: 2001
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