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of the processes generating income, social security wealth, retirement and consumption behaviour of households, and … per household and, above all, the decline in the ratio of social security wealth of households to disposable income as the … evolution of aggregate income, saving and asset accumulation over the period 1994-2100. If fertility and mortality assumptions …
Persistent link: https://www.econbiz.de/10005113518
capita GDP and household wealth. Second, the efficacy of bankruptcy laws is correlated with the level of household debt …
Persistent link: https://www.econbiz.de/10011105135
This paper aims to describe non-respondents in the Bank of Italy�s Survey of Household Income and Wealth (SHIW) and … to measure the underestimation of income and wealth attributable to non-response. The evidence confirms that non … (the adjusted estimates are from 15 to 31 per cent higher than the unadjusted) than for income (for which the adjustments …
Persistent link: https://www.econbiz.de/10005609343
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 … for income). Wealth distribution has changed significantly over time, favouring elderly rather than young households. The …
Persistent link: https://www.econbiz.de/10009654307
each member country on the basis of national indicators; EU-wide estimates of inequality and poverty play no role. Yet this … methodological requirements of this evaluative exercise, and provides the first estimates of inequality and poverty in the enlarged …
Persistent link: https://www.econbiz.de/10005770782
survey carried out by Istituto Doxa in 1947-48; the sample survey of household income and wealth conducted by the Bank of … Central Statistical Office, which gather income data since 1980 and 1993, respectively. …
Persistent link: https://www.econbiz.de/10005640920
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 … previous literature on European countries, we measure financial wealth using quarterly harmonized data on householdsï …
Persistent link: https://www.econbiz.de/10009386397
in housing values affect consumption. We find that consumer expenditures do react to capital gains, with a marginal … propensity to consume out of real value changes of housing wealth of about 0.02. Reactions are different across types of … consumers: while homeowners increase consumption when house prices increase, with a marginal propensity of about 0.035, the …
Persistent link: https://www.econbiz.de/10005113619
We study the distribution of housing wealth in Italy using data from a sample survey (the survey on household income … and wealth) and from administrative records regarding real estate owners held by the Italian Department of the Treasury … adjusting survey data using the information from the administrative records, average housing wealth increases by some 25 per …
Persistent link: https://www.econbiz.de/10010605346