01711cas a2200241 a 4500 AALejournalIMF001026 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451854596 1018-5941 BD-DhAAL BD-DhAAL Decressin, Jorg. Regional Income Redistribution and Risk Sharing : How Does Italy Compare in Europe? / Jorg Decressin. Washington, D.C. : International Monetary Fund, 1999. 1 online resource (34 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper investigates income redistribution and risk sharing among Italy's regions and the implications for public policy. Using a richer data set than in previous works, this study allows for an assessment of public consumption's and investment's roles. The findings suggest that Italy's fiscal system provides interregional redistribution at 30-35 percent and risk sharing at 20-30 percent of GDP, mainly through public consumption. Compared with results in the literature for other European countries, there appears to be less redistribution and risk sharing in Italy through its welfare and tax systems because of their different structures. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1999/123 Full text available on IMF http://elibrary.imf.org/view/journals/001/1999/123/001.1999.issue-123-en.xml IMF e-Library