In this paper we present new estimates of the effect of households� financial and real wealth on consumption. The … wealth have a positive effect on consumption. Overall, the influence of net financial assets is stronger than that of real …

of the processes generating income, social security wealth, retirement and consumption behaviour of households, and …

Sample surveys providing high quality information on both total household expenditure (consumption) and income are not … information on both income and consumption. We combine this survey with the information coming from other surveys that are assumed … lower than the one relating to consumption. As a consequence, in the survey saving rates are likely to be overestimated. We …

in housing values affect consumption. We find that consumer expenditures do react to capital gains, with a marginal … consumers: while homeowners increase consumption when house prices increase, with a marginal propensity of about 0.035, the …

negative correlation between social capital and inequality. This chapter provides some empirical findings on Italy that confirm …

the analysis of wealth inequality. On the basis of reconstructed data, we show that household wealth inequality declined … afterwards. By international standards, Italy does not have a high level of wealth inequality (contrary to the evidence available … together with the opinions on inequality collected by means of statistical surveys. …