Changes in wealth distribution in Italy (2002- 2012): Who gained from the Great Recession (original) (raw)

AI-generated Abstract

This paper analyzes changes in the distribution and concentration of wealth in Italy from 2002 to 2012, focusing on identifying social groups that gained from these changes amid the Great Recession. It emphasizes the distinction between different types of household wealth, excluding home values, and introduces methodologies for calculating the Gini coefficient in the presence of negative wealth. By examining these dynamics, the research seeks to contribute to the understanding of economic inequality and its socio-political implications in contemporary society.