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Next seminar: October 8, 2025, 12-1 pm
Collective bargaining and the Italian wage structure
Bernardo Fanfani
(University of Turin)
More info and registration here
Sede della Banca d'Italia in via Nazionale 91, Roma
Lunedì 29 e martedì 30 settembre 2025 si terrà, presso la Sala Emeroteca di Palazzo Koch, sede della Banca d'Italia, in via Nazionale 91 a Roma, la "II Banca d’Italia Conference on the Economics of Public Sector and Institutions". In programma anche Massimo Pulejo. Il workshop si terrà in modalità ibrida.
Qui tutte le informazioni sul programma e sulle modalità di iscrizione.
Fall 2025 session of the Inequality in Rome Seminar Series starts again in September
The Inequality in Rome Seminar Series will resume in September. The full program (currently being updated) is available here. The Fall 2025 session will open on Wednesday, September 24, with Jan Mazza (Roma Tre University) presenting his paper "Inheritance Expectations, Dynastic Altruism, and Education". All seminars are held on Wednesdays from 12:00 to 1:00 p.m., in English, at the Department of Law, Roma Tre University (Via Ostiense 163, Room 278, Rome).
More information on the full program is available here.
Register here.
In libreria il volume "Non è giusta. L'Italia delle disuguaglianze"
Quanto pesa l’eredità sulle nostre possibilità di successo? Quanto guadagna un manager rispetto a un’operaia? Quanto si mette in tasca l’1% più ricco del nostro paese? E quanto la metà più povera? Parte da queste domande il volume di recente pubblicazione "Non è giusta. L'Italia delle disuguaglianze" (Editori Laterza), una raccolta di saggi sul tema delle disuguaglianze economiche in Italia curata da Giacomo Gabbuti (Scuola Superiore Sant'Anna). Tra gli autori anche il prof. Salvatore Morelli e Francesca Subioli (Università Roma Tre). Nelle pagine di questo libro si attinge agli studi più recenti e di frontiera per raccontare le disuguaglianze economiche in Italia.
Qui per maggiori informazioni.
“La grande ricchezza” - Salvatore Morelli a Presa Diretta
Nel 2024 la quota di ricchezza ereditata a livello globale ha superato quella prodotta e un terzo dei miliardari lo è non per merito ma per nascita. E l'Italia, che ha una tassa di successione tra le più basse d'Europa e disposizioni sui lasciti molto favorevoli per chi li riceve, è ai primi posti. Su Presa Diretta, nella puntata del 7 settembre, anche l'intervista a Salvatore Morelli.
Guarda l'inchiesta qui
Guarda l'intera puntata qui
New team members! Jan Mazza and Irene Toma join our research group
We are pleased to welcome Jan Mazza (postdoctoral researcher) and Irene Toma (researcher) to the Inequality in Rome Research Group. Mazza’s research focuses on intergenerational inequality, household finance, macro-labor, and family economics. He was previously a Research Fellow at the University of Bologna and holds a PhD from the European University Institute. Toma works as a consultant at the World Bank. Her research explores wealth measurement in low - and middle - income countries, with a focus on informal and incomplete asset ownership rights, as well as gendered patterns of wealth inequality.
Read more on our team here
A new post is available on the GC Wealth Project website. In this post, we shed light on two types of wealth that go beyond the baseline definition found in national accounts. We focus on consumer durables and offshore financial wealth, both of which are included in the GC Wealth Project’s Wealth Topography section, that gathers data on household balance sheets.
The full post is available on the GC Wealth Project website here and on the Stone Center website here
New publication - The Influence of Inheritances on Wealth Inequality in Rich Countries
Journal of Public Economics - Morelli S., Nolan B., Palomino J., Van Kerm P. - July 2025
This paper uses survey data from Germany, Spain, France, Italy, Great Britain and the United States to analyze how inheritances impact wealth inequality in a range of rich countries. Adopting an influence function regression approach, the paper calculates the counterfactual effects of small increases in the share of recipients of different-sized wealth transfers in each country. Results suggest that while a marginal increase in inheritance recipients generally contracts wealth inequality measures – confirming a common finding in the literature that inter-generational transfers tend to reduce relative wealth inequality – an increase in recipients of ‘large’ inheritances has the opposite effect.
Read the full paper here
Read the summary in Italian on Siep here
LISIT 2025, Lofoten International Symposium on Inequality and Taxation - Final programme released
Svolvær, Norway 24-25 June 2025
The Lofoten International Symposium on Inequality and Taxation took place at Thon Hotel Svolvær, in the attractive Lofoten islands, Norway, on Tuesday 24th and Wednesday 25th June 2025. This edition of the symposium focused on the intertwined fields of economic inequality, taxation and the environment. A session of the symposium has been organized targeting the topic “taxation of polluting capital”.
Third edition Summer School Markets and Governments: a Theoretical Appraisal
Power: markets, ethics and institutions
Villa Mondragone, Rome - June, 18th-20th, 2025
This year's summer school (Prof. Salvatore Morelli and Prof. Antonio Scialà are members of its organising committee) - organized by the Center for Economic and International Studies (CEIS) of Tor Vergata University of Rome, Department of Economics and Finance of Tor Vergata University of Rome, ECONtribute - focused on power. While power is abstracted away in the fictional world of perfectly competitive markets, asymmetric bargaining power, market power, and political power are pervasive phenomena in actual economies.
More info here!
Convegno Tassazione della ricchezza: stato dell’arte, potenzialità e prospettive
13 giugno 2025, ore 14.30-18.15
Sala Foscolo della Pontificia Università Gregoriana, Piazza della Pilotta 4 – Roma
Partendo da un’analisi storica del ruolo che la tassazione (progressiva) ha svolto per la legittimazione sociale della ricchezza nell’Occidente e da una disamina delle attuali disparità nella distribuzione dei carichi fiscali in Italia, il convegno, organizzato da Oxfam Italia, intende stimolare una discussione pubblica sulle potenzialità di imposte selettive sulla ricchezza posseduta e trasferita nonché sulle prospettive di un’agenda sulla tassazione degli ultraricchi nel contesto europeo ed internazionale. All'evento ha partecipato anche Salvatore Morelli, professore di Economia pubblica all'Università Roma Tre.
Qui per maggiori informazioni.
Guarda la registrazione del convegno: prima parte | seconda parte | terza parte
New edition of the workshop - Inequality by the Numbers 2025
The Graduate Center (CUNY), New York - June 9-13
The Inequality by the Numbers workshop takes a broad approach to the study of socio-economic inequalities, spanning gaps in income, wealth, employment, wages, education, social mobility, politics, health, housing, the impacts of climate change, interactions with the criminal-legal system, and other topics. Instructors view inequalities through multiple lenses, including gender, sexuality, class, race, ethnicity, age, and immigration status, as well as through multidisciplinary perspectives. Disparities are considered in several geographic contexts: within New York City, across the U.S. states, across countries, and globally.
Professor Salvatore Morelli (Roma Tre University) was among the speakers.
More info here!
Keynote lecture "Visions of Inequality" by Prof. Branko Milanovic
May 30, 2025 | 2.30 pm | Department of Economics at Roma Tre University - Via Silvio D'Amico 77
The event marked the inaugural lecture of the 40th cycle of the PhD in Economics and also served as an opportunity to present the program to the students. The keynote speech was delivered by Prof. Branko Milanovic (Research Professor & Senior Scholar, Stone Center on Socio-Economic Inequality). Opening remarks: Paolo Visca, Vice-Rector for Research, Roma Tre University. Presentation of the doctoral program: Silvia Nenci (PhD Program Coordinator) and Giacomo Gazzellone, voices from PhD Students. Welcome addresses by Valeria Costantini, Director of the Department of Economics, and Salvatore Morelli, Associate Professor of Public Economics.
More info here
May 21, 2025 | 10.00 am | Department of Law at Roma Tre University
The Department of Law at Roma Tre University hosted the presentation of the book Risparmio e ricchezza. Come cambia la finanza delle famiglie by Riccardo De Bonis, Luigi Infante and Enrico Saltari. The event opened with institutional greetings from Giorgio Resta, Prorettore, Università degli Studi Roma Tre, and Antonio Carratta (Direttore del Dipartimento di Giurisprudenza, Università Roma Tre).
Ignazio Visco (Governatore onorario, Banca d’Italia), Mario Stella Richter (Università Roma Tre) and Salvatore Morelli (Università Roma Tre) discussed the book with the authors. The event was chaired by Alberto Pozzolo (Università Roma Tre) and introduced by Antonio Scialà (Università Roma Tre).
Full event poster available here
Here the recording of the event published on the Radio Radicale website
“Money Talks” - Salvatore Morelli featured in The Economist podcast
What are the trends in inheritance across major developed economies? Why is this important and what are the major drivers? Why has the progressivity of inheritance tax been declining globally? Salvatore Morelli have talked about these issues in the Economist podcast "Money Talks". Drawing on his research on wealth inequality, he joins hosts Ethan Wu and Mike Bird to reflect on the growing role of inherited wealth in shaping economic outcomes.
Listen to the episode here
May 15-16, 2025 Roma (Ostia Lido)
The meeting offered an opportunity for PhD students and young researchers working on public, labor, environmental, and applied economics to present and discuss their research and receive feedback from senior researchers. The program also included two keynote speeches delivered by Brian Nolan (University of Oxford) and Roberto Veneziani (Queen Mary University of London) and five lectures. The event took place in person at the Roma Tre University Polo di Ostia (Via Bernardino da Monticastro, 1 - 00122 Lido di Ostia - Roma).
More info here
Full program here
Presentazione del libro "Salute per tutti. Storia della sanità in Italia dal dopoguerra a oggi"
8 maggio 2025 - ore 16
Sala del Consiglio del dipartimento di Giurisprudenza dell'Università di Roma Tre (via Ostiense 163, Roma)
"Una delle peculiarità del nostro paese è di avere un servizio sanitario universale e gratuito che ci ha permesso di essere all’avanguardia nel mondo per qualità e durata della vita media", si legge nella presentazione del libro di Chiara Giorgi. "Conoscere la storia di questa conquista faticosa ed essenziale per tutti è importante, soprattutto quando, come oggi, il diritto alla salute è messo sempre più in discussione".
Qui per il programma completo della presentazione!
May 7, 2025 16.30-18.00 pm | Department of Law at Roma Tre University
The Department of Law at Roma Tre University hosted a public lecture by Brian Nolan (University of Oxford). Elena Granaglia (Forum Disuguaglianze e Diversità, Roma Tre University) and Enrica Morlicchio (University of Naples Federico II) participated as discussants. The event was chaired by Salvatore Morelli (Roma Tre University).
Where: Room 5 (Aula 5) - Via Ostiense 159/163, 00154 Rome
More details here!
14 aprile 2025, 18:30-20:00 | Dipartimento di Scienze Economiche - Università di Bologna
L'incontro è stato promosso da Sinistra Universitaria in collaborazione con la Biblioteca di discipline economico-aziendali “Walter Bigiavi”. A confrontarsi sul tema Vincenzo Visco, presidente della Fondazione Nuova economia Nuova società, e Salvatore Morelli, professore di Economia pubblica al dipartimento di Giurisprudenza dell'Università Roma Tre e componente del coordinamento del Forum Disuguaglianze e Diversità. Coordina: Stefano Toso, professore di Scienza delle finanze all'Università di Bologna.
Qui tutte le informazioni in merito all'evento.
E-book - Pubblicato sul sito del Forum Disuguaglianze e Diversità "Le parole per il cambiamento"
Per un futuro più giusto, accanto alle proposte, serve un linguaggio per sfidare il senso comune. L'e-book, scaricabile gratuitamente dal sito del Forum Disuguaglianze e Diversità, raccoglie le prime venti “parole per il cambiamento” di NuoviEquilibri.org, la piattaforma formativa della Scuola per la giustizia sociale e ambientale del ForumDD. Per ogni parola, realizzata da studiosi ed esperti che fanno parte o che hanno collaborato con il ForumDD, è stato realizzato un video e un audio. Dal 16 febbraio c'è anche l'e-book. Come usarlo? Per formarsi, dialogare, mettere a repentaglio il significato delle parole. Tra gli autori anche Salvatore Morelli con "Ricchezza privata" ed "Eredità universale".
Scarica l'e-book qui!
Workshop - La legge di bilancio per il 2025 e le prospettive di finanza pubblica
30 gennaio, 2025, 10.00 -13.30 - Aula Tesi, Via Silvio D'Amico 77
Giovedì 30 gennaio 2025, dalle 10.00 alle 13.30, presso il dipartimento di Economia dell'Università di Roma Tre, è in programma il workshop "La legge di bilancio per il 2025 e le prospettive di finanza pubblica". L'evento è stato organizzato dal Dipartimento di Economia e il Centro di Ricerca di Economia e Finanza Pubblica (CEFIP), del quale fanno parte anche Salvatore Morelli e Antonio Scialà.
Maggiori informazioni qui!
GC Wealth Project Data Warehouse Version 1.2 is Online
The GC Wealth Project has launched an updated version of its data warehouse.
Key improvements include new data concepts, refinements to the structure of existing databases, and expanded coverage of regions, countries, and time periods. Updates have been made to the sections on Wealth Topography, Wealth Inequality Trends, and Estate, Inheritance, and Gift Taxes (EIG).
Furthermore, a new section dedicated to Inheritance Trends is scheduled for release in the coming months.
Job Announcement! Postdoctoral researcher in Public Economics
“Drivers and consequences of rising economic inequality”
The Department of Law at the University of Roma Tre wishes to make a one-year (renewable) appointment to join our growing research team of scholars working in the fields of income and wealth distribution, the economics of climate transition, income and wealth taxation, and the redistributive effects of public policies. The successful candidate will be collaborating part-time in the development of a research project. The successful candidate is welcome to support the organization of the Inequality in Rome seminar series run by our research team. Finally, the postdoctoral researcher can have the opportunity to build ties with and contribute to the GC Wealth Project. Closing date for applications is January 3, 2025. MORE INFO HERE! PUBLIC CALL FOR APPLICATIONS HERE!
Richer and More Equal? A Conversation between Salvatore Morelli and Daniel Waldenström
Stone Center Affiliated Scholar Daniel Waldenström argues in his new book, Richer and More Equal: A New History of Wealth in the West, that Western society — particularly the middle class — is not only wealthier now than a century ago, but that wealth inequality has declined. Stone Center Senior Scholar Salvatore Morelli, the director of the GC Wealth Project, joins him in a discussion of the positive and negative aspects of wealth accumulation, what Waldenström calls the “old narrative” of the wealth distribution over the last 130 years, and whether to include public pensions in wealth measurements.
Full article and video available here.
Workshop with World Bank Poverty
Nov 11, 2024
Our team members Salvatore Morelli and Matteo Targa attended the World Bank Poverty's workshop "Inequality: Taking Stock and Preparing for the Future". An event where some of the most prominent experts in the field of inequalities have contributed to shaping the upcoming WBP's volume on inequality.
More on the event here!
New article - Fiscal decentralization and income (re)distribution in OECD countries’ regions
Cross-country income inequality has declined in the last decades, but this trend has been paralleled by an increase in within-countries inequality. At the same time, many governments have implemented fiscal decentralization policies, devolving increasing decision-making powers on fiscal matters to sub-national levels of government. In this paper, we provide empirical evidence on the relationship between fiscal decentralization and intra-regional income redistribution, based on regional level data on inequality and local government revenues for 183 regions of 14 OECD countries. Our results show that within region income redistribution is negatively associated with fiscal decentralization, especially when it takes the form of revenue decentralization.
Article available here. And here on Siep.
New working paper - Evidence from the Dead: New Estimates of Wealth Inequality using a Simplified Multiplier Method
Stone Center Working Paper N.91 - Alvaredo, F., Berman, Y., Morelli, S. - October 2024
This paper studies the estimation of wealth distribution using estates left at death. We establish formal conditions for adopting a simplified version of the classic estate multiplier method, using only minimal information on estates and mortality. We empirically validate these conditions and apply the simplified approach to produce novel long-run top wealth share series for Belgium, Japan, and South Africa, where estate data have not yet been exploited. This approach may vastly expand the range of countries and years for which wealth inequality can be estimated, where estate data exist but the standard method cannot be applied.
Working paper available here!
First Inequality in Rome Summer Meeting
June 13-14, 2024 - Allumiere (RM)
The meeting aims to gather researchers working on inequality studies in Roman universities and institutions and allow them to share ideas and projects. To this aim, we hosted keynote dialogues on inequality, poverty, and taxation topics, and research agenda presentations by young researchers, and we had Roy van der Weide (World Bank) as special guest for the event.
More on the event here!
Seminario di presentazione del volume a cura di Prof. Charles Sabel (Columbia University - Law School )
In dialogo con l’autore:
Prof.ssa Barbara Annicchiarico (Economia, Roma Tor Vergata e Giurisprudenza, Roma Tre)
Prof. Roberto Baratta (Giurisprudenza, Roma Tre)
Dott. Francesco Ferrante (Legambiente e vicepresidente di Kyoto Club).
Prof. Tommaso Di Marcello (Giurisprudenza, Roma Tre)
Introduce e coordina Salvatore Morelli.
Qui per maggiori informazioni
Project approved! - VisitINPS Project 2023-2024 Long-term working career dynamics and contribution accumulation in the Italian NDC pension system: empirical evidence and policy implications
Our team member Francesca Subioli (collaborator) obtained the approval for the VisitINPS project "Long-term working career dynamics and contribution accumulation in the Italian NDC pension system: empirical evidence and policy implications" from the Italian National Social Insurance Agency (INPS).
PI: Michele Raitano (Sapienza University of Rome)
Collaborator: Francesca Subioli
Grant award! - Research Grant – PRIN 2022: Wealth, income and consumption inequality after Covid-19
Our team members Salvatore Morelli (co-PI) and Franziska Disslbacher (collaborator) were awarded a grant of € 202.400 for the project "Wealth, income and consumption inequality after Covid-19" from the Italian Ministry of University and Research.
PI: Tullio Jappelli (University of Naples Federico II)
co-PI: Salvatore Morelli
Collaborators: Annalisa Scognamiglio, Franziska Disslbacher
Grant award! - MOBILITY-PATH: Multidimensional Intergenerational Mobility and Pathways to Upward Mobility
Our team member Franziska Disslbacher was awarded a grant for her project "MOBILITY-PATH: Multidimensional Intergenerational Mobility and Pathways to Upward Mobility" from the Vienna Science and Technology Fund (WWTF) following the call Quantitative Data Research: Empirical Social Science.
Equipped with € 594.435, Franziska and her research team based at the Vienna University of Economics and Business and the Central European University will provide comprehensive evidence on intergenerational social mobility and, in particular, its underlying drivers.
MOBILITY-PATH: Multidimensional Intergenerational Mobility and Pathways to Upward Mobility
First, MOBILTY-PATH gathers data to provide novel evidence on the extent of and heterogeneity in intergenerational mobility across multiple dimensions. Second, it gains insights into the mechanisms underlying ISM by tracing children's life-cycle outcomes by parental background. MOBILITY-PATH aims to shed light on the extent to which the luck of being born into a specific family is mitigated or aggravated by early-childhood factors such as neighborhoods and schooling, whether broad-access vocational training schemes and labor market conditions can lead to intergenerational (upward) mobility later in life, and what role tertiary education institutions such as the Universities of Applied Sciences (UAS) can play in facilitating mobility.
MOBILITY-PATH can answer these questions by exploiting a novel combination of various individual-level administrative and register datasets. Furthermore, MOBILITY-PATH uncovers causal mechanisms behind intergenerational social mobility by working with novel research designs. To facilitate engagement with stakeholders, including relevant policy-makers and the research community, the team will develop an interactive webpage on intergenerational social mobility and host a podcast.
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