Economic well-being in Italy: The role of income insecurity and intergenerational inequality

Gabriella Berloffa and Francesca Modena

Journal of Economic Behavior & Organization, 2012, vol. 81, issue 3, 751-765

Abstract: This paper argues that the evaluation of a society's economic well-being should account for the employment risk associated with being a temporary worker and for the relative income loss of young generations with respect to older ones. We show that the inclusion of new measures of both these aspects in the IEWB almost halves economic well-being growth rates in Italy over the 1995–2007 period, with a larger reduction in Lombardy (the leading Italian region), where the incidence of the private sector is higher. In both areas well-being advanced at a significantly lower rate than GDP.

Keywords: Well-being; Inequality; Income insecurity (search for similar items in EconPapers)
JEL-codes: D31 I31 I32 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0167268111000345
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Economic well-being in Italy: The role of income insecurity and intergenerational inequality (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jeborg:v:81:y:2012:i:3:p:751-765

DOI: 10.1016/j.jebo.2010.12.022

Access Statistics for this article

Journal of Economic Behavior & Organization is currently edited by Houser, D. and Puzzello, D.

More articles in Journal of Economic Behavior & Organization from Elsevier
Bibliographic data for series maintained by Catherine Liu ().