Usus Fructus

• Tác giả: G D'Alessio
• Ngôn ngữ: eng
• Ký hiệu phân loại: 634.4 Other fruits
• Thông tin xuất bản: Washington, DC: World Bank, 2024
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 328246
• Chủ đề: 1. DECENT WORK AND ECONOMIC GROWTH; 2. PROPERTY RIGHTS; 3. USE RIGHTS; 4. USUFRUCT; 5. WEALTH DISTRIBUTION

Tóm tắt

This paper discusses the inclusion of usufruct rights in household wealth estimates, emphasizing the theoretical rationale for adjusting traditional estimates that do not include this component. It then applies this concept to the Italian context using Survey on Household Income and Wealth data. Despite usufruct being relatively rare (around 3 percent of residential homes), adjusting for it impacts the wealth distribution, with some increases characterizing younger households. Overall, adjusted estimates show a significant decrease in the concentration indices compared with unadjusted ones. These findings suggest the importance of considering this component in standard household wealth estimates, particularly in countries where use rights are more common.