Gómez León, María
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Gómez León
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María
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Economía
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Publication Open Access Wars, depression, and fascism: income inequality in Italy, 1900-1950(2021) Gómez León, María; Gabbuti, Giacomo; Ekonomia; Institute for Advanced Research in Business and Economics - INARBE; EconomíaThis paper documents new yearly estimates of income inequality in Italy from 1900 to 1950. By constructing dynamic social tables, we obtain the first comprehensive assessment of all major components of Italian society, as well as to consistent comparable inequality estimates to those available for Britain, Germany and Spain. In line with other European countries, Italy shows short-term inequality changes during this period. We identify a steep decline in inequality in Italy (especially within-labour) after WWI, followed by a reversal between 1922 and 1931, a relative stability, and a further increase during WWII, this time driven by capital income.Publication Open Access The other halves of fascist Italy: income inequality from dynamic social tables, 1900-1950(2021) Gómez León, María; Gabbuti, Giacomo; Ekonomia; Institute for Advanced Research in Business and Economics - INARBE; EconomíaThis paper documents new, yearly estimates of overall income inequality for Italy, from the first industrial 'take-off' to the eve of the ‘Economic Miracle’, contributing both to the comparative literature on the evolution of inequality in the interwar decades, and to the historiography of Italian fascism and its distributive legacy. By constructing dynamic social tables, we are able to obtain the first comprehensive assessment of all major components of Italian society, shedding light on overlooked ‘halves’ (women, self-employed workers, capital earners), and to consistently compare these results to estimates available for Britain, Germany and Spain. We identify a steep decline in inequality (especially within-labour) after the Great War, followed by a reversal between 1922 and 1931, a relative stability, and a further increase during WWII, this time driven by capital income.