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Wars, Depression, and Fascism: Income Inequality in Italy, 1900-1950

Maria Gomez Leon and Giacomo Gabbuti

LEM Papers Series from Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy

Abstract: This paper shows yearly estimates of income inequality in Italy from 1900 to 1950. By constructing dynamic social tables, we comprehensively assess inequality across all components of Italian society. In a context of declining inequality across Europe, interwar Italy reveals a singular trajectory with a rise in inequality during WW1, markedly reversed during 1918-1922, resumed after the March on Rome and with a further increase during WW2. While consolidating the reinterpretation of inequality in interwar Europe, by showing so far overlooked short-term distributive shocks in Italy, our findings confirm the regressive nature of Italian Fascism.

Keywords: Fascist Italy; income inequality; interwar Europe; dynamic social tables. (search for similar items in EconPapers)
Date: 2022-09-22
New Economics Papers: this item is included in nep-his
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http://www.lem.sssup.it/WPLem/files/2022-26.pdf (application/pdf)

Related works:
Working Paper: Wars, Depression, and Fascism: Income Inequality in Italy, 1900-1950 (2024) Downloads
Working Paper: Wars, Depression, and Fascism: Income Inequality in Italy, 1900-1950 (2021) Downloads
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