On the Link between Functional and Personal Distribution in Italy

Aldo Barba

Chapter 12 in Sraffa and the Reconstruction of Economic Theory: Volume One, 2013, pp 260-283 from Palgrave Macmillan

Abstract: Abstract Italian wage and salary earners have experienced a critical change in their position in recent decades. This change has two dimensions. On the one hand, since the mid-1970s, Italian employees have obtained a lower share of value added.1 On the other hand, since the late 1980s, wider disparities in workers’ pay structure have meant that a small segment of the salaried workforce has not seen its share decline.2 The proportion of income allotted to the bulk of the working class has thus been reduced not only by the expansion of other incomes, but also by the expansion of the income of employees at the top of the pay scale.

Keywords: Income Inequality; Disposable Income; Gini Index; Financial Asset; Income Source (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1057/9781137316837_13

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