No. 169 - Income and Saving in ItaIy: a ReconstructionI. Income Accounts by Institutional Sector: 1970 to 1979 Estimates; II. The Italian Saving Rate: 1951 to 1990 Estimates

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by Giuseppe Marotta, Patrizia Pagliano and Nicola Rossi

I. Income Accounts by Institutional Sector: 1970 to 1979 Estimates

This paper presents a reconstruction of the income accounts by institutional sector between 1970 and 1979 in accordance with the new series for the eighties provided by the Central Institute for Statistics (Istat). The reconstructed accounts, together with those provided by Istat after 1980, make it possible to study shifts in the sectoral composition of (gross) disposable income and saving.

II. The Italian Saving Rate: 1951 to 1990 Estimates

This paper provides a statistical reconstruction of the Italian saving rate between 1951 and 1990, based on the recent reworking of the national accounts by Golinelli and Monterastelli (1990) and in accordance with the official data supplied by the Government's Relazione Generale sulla Situazione Economica del Paese for the year 1990 (RGSEP, 1991).

This paper - presented at the Workshop on "Saving in Italy: Past and Future Trends, Household and Government Behaviour", held in Rome on 16-17 January 1992 - is part of a research project undertaken at the Bank of Italy. The Italian versions of all the contributions will be published in a special issue of "Contributi all'analisi economica".

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