Grant, Charles; Miniaci, Raffaele; Weber, Guglielmo - C.E.P.R. Discussion Papers - 1998
This paper investigates the causes of the Italian consumption bust of the early 1990s by estimating deviations from … 'normal' consumption using household level data for 1985-94. The data set used is a particularly rich, but as yet unexplored … households each year. The main findings are that the decline in consumption was larger for the working age households. The fall …
