La proposta di superare l'arbitrarietà dell'aggregazione di indicatori in indici sintetici attraverso la Stochastic Multiobjective Acceptability Analysis (SMAA, Lahdelma et al. 1998; Lahdelma, Salminen, 2001), introdotta su Economia e Politica da Giuliano Resce e da questi...
This paper shows the relation between a composite index of well-being and the lack of trust in the institutions in Italy. The data are taken from the last round of voting for the constitutional referendum in December 2016, and the last version of BES, that is a well-being indicator of ISTAT. From a methodological perspective the composite index of well-being is esteem of Stochastic Multiobjective Acceptability Analysis. The results show a generalized spatial segregation, and a North-South divide that involves all the aspect of life included in the BES, as well as the share people voting ‘yes’ in the 4th December referendum.
In the last years, the ECB has tried to encourage reforms of the Italy's labour market including the increasing use of bargaining at the enterprise level. The aim is to contain the growth of wages and to permit higher productivity growth. However, the ECB did not take into consideration the changes in the real variables. In fact after the euro's adoption, the growth of real wages was lower than the productivity growth. Furthermore, the current incentives system for the decentralized bargaining, that provides a tax benefit on productivity bonuses, seems to increase the territorial dualism North-South.
Numerous experts argue that the single currency is the cause of problems in many of the eurozone countries. However, this article illustrates the fact that the roots of the Great Recession lie in a long global distribution conflict that compressed wage incomes and expanded capital incomes. Equally there is the Greek and Italian economic illness that long pre-existed joining the Euro. It is therefore not enough to leave the Euro because this would bring down the institutional framework of any battle for a different policy.