{"title":"Wars, Depression, and Fascism: Income Inequality in Italy, 1901-1950","authors":"María Gómez-León, Giacomo Gabbuti","doi":"10.1016/j.eeh.2025.101715","DOIUrl":null,"url":null,"abstract":"This paper presents yearly estimates of income inequality in Italy from 1901 to 1950. By constructing dynamic social tables, we comprehensively assess inequality across all elements of Italian society and compare Italy with other countries over the same period. In a context of declining inequality across Europe, interwar Italy reveals a trajectory at odds with consolidated narratives: a sharp increase of inequality during World War I, a reversal during 1918–1922, a renewed rise after the Fascist takeover, and new peaks during World War II. Our results allow us to identify sizeable short-term distributive shocks and discuss the political economy of fascist Italy, reinforcing a reinterpretation of interwar inequality trends in Europe and the regressive nature of fascist regimes.","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"14 1","pages":"101715"},"PeriodicalIF":1.7000,"publicationDate":"2025-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Explorations in Economic History","FirstCategoryId":"98","ListUrlMain":"https://doi.org/10.1016/j.eeh.2025.101715","RegionNum":1,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
This paper presents yearly estimates of income inequality in Italy from 1901 to 1950. By constructing dynamic social tables, we comprehensively assess inequality across all elements of Italian society and compare Italy with other countries over the same period. In a context of declining inequality across Europe, interwar Italy reveals a trajectory at odds with consolidated narratives: a sharp increase of inequality during World War I, a reversal during 1918–1922, a renewed rise after the Fascist takeover, and new peaks during World War II. Our results allow us to identify sizeable short-term distributive shocks and discuss the political economy of fascist Italy, reinforcing a reinterpretation of interwar inequality trends in Europe and the regressive nature of fascist regimes.
期刊介绍:
Explorations in Economic History provides broad coverage of the application of economic analysis to historical episodes. The journal has a tradition of innovative applications of theory and quantitative techniques, and it explores all aspects of economic change, all historical periods, all geographical locations, and all political and social systems. The journal includes papers by economists, economic historians, demographers, geographers, and sociologists. Explorations in Economic History is the only journal where you will find "Essays in Exploration." This unique department alerts economic historians to the potential in a new area of research, surveying the recent literature and then identifying the most promising issues to pursue.