The Ruling Class: Management and Politics in Modern Italy

Tito Boeri, Antonio Merlo, Andrea Prat

    Research output: Book/ReportBook

    Abstract

    The ruling class plays a major role in our societies. It makes possible what would otherwise be infeasible, by shifting out those constraints that stand in the way of long-term growth. Historically, economists devoted far less attention than sociologists to the study of ruling classes. Using the theoretical tools of economists, this book provides an understanding of what drives the formation of a ruling class, and the relationship between politics and business firms. Focusing on Italy, it uses labour economics to analyse the selection of the ruling class, the labour market of politicians, the allocation of managers' time, and their incentives, remunerations, and career paths. It draws on contributions from two teams of leading scholars and on research undertaken by the Fondazione Rodolfo DeBenedetti. Part I focuses on the labour market of politicians. It uses detailed information on personal characteristics, incomes, performance in office, and career paths (before, as well as after, the Parliamentary mandate) of all the politicians elected to the Italian Lower Chamber (Camera) between 1948 and 2008. Part II is devoted to the managerial class. It includes cross-country surveys of managers across a sample of European countries, surveys carried out in cooperation with the largest union of managers in the service sector, social security records, and, for the first time, surveys on the allocation of time of top executives.

    Original languageEnglish (US)
    PublisherOxford University Press
    Number of pages240
    ISBN (Electronic)9780191595417
    ISBN (Print)9780199588282
    DOIs
    StatePublished - Sep 30 2010

    Keywords

    • Career
    • Executives
    • Firms
    • Incentives
    • Income
    • Managers
    • Performance
    • Politicians
    • Politics
    • Ruling class

    ASJC Scopus subject areas

    • Economics, Econometrics and Finance(all)

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