Business Commons^™

In the analysis of inequality in advanced countries it is often argued that the wide array of changes in economic activities, labour markets and public policies result in a complex picture of changes in individual incomes that escape any general interpretation. In this paper the available data on the functional and personal distribution of income are examined and the results of the literature are surveyed providing an interpretation of developments in inequality in Italy, compared to other European countries. The argument is that there is strong evidence that most benefits of the (modest) economic growth of the last decade have …