Gender Wealth Gap in Italy

44 Pages Posted: 20 Apr 2018

Date Written: March 28, 2018

Abstract

The paper, using data from the Bank of Italy’s Survey of Household Income and Wealth, estimates the intrahousehold distribution of wealth. On the basis of reconstructed data, a large gap between men and women emerges, greater for financial assets than for real assets and in particular for real estate. This gap, smaller among young people, increases with age; it is decreasing over time, but has remained significant in recent years. Gini concentration indices computed on individual net wealth are far greater than those calculated on household wealth or per capita wealth, which shares wealth equally among household members. The trend in concentration indices, however, does not significantly change. Some regressions suggest that the observed gaps are largely attributable to gender differences in terms of age, educational qualifications, employment and income.

Keywords: Household wealth, intrahousehold distribution, gender gap

JEL Classification: D31, D13, J16

Suggested Citation

D'Alessio, Giovanni, Gender Wealth Gap in Italy (March 28, 2018). Bank of Italy Occasional Paper No. 433. Available at SSRN: https://ssrn.com/abstract=3165519 or http://dx.doi.org/10.2139/ssrn.3165519

Giovanni D'Alessio (Contact Author)

Bank of Italy ( email )

Via Nazionale 91
00184 Roma
Italy

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