Showing 1 - 10 of 53
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 …
Persistent link: https://www.econbiz.de/10011099613
The objective of the paper is to adjust for the bias due to unit non-response and measurement error in survey estimates of total household financial wealth. Sample surveys are a useful source of information on household wealth. Yet, survey estimates are affected by non-sampling errors. In...
Persistent link: https://www.econbiz.de/10011099692
The revised Basel Capital Accord requires banks to meet a capital requirement for operational risk as part of an overall risk-based capital framework. Three distinct options for calculating operational risk charges are proposed (Basic Approach, Standardised Approach, Advanced Measurement...
Persistent link: https://www.econbiz.de/10005467320
these estimates can be used to analyse consumption age profiles conditional on demographics. Our key result is that … condition on simulated food consumption, in the sense that their age profile is less in line with the implications of the …
Persistent link: https://www.econbiz.de/10005609348
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 …
Persistent link: https://www.econbiz.de/10009386397
of the processes generating income, social security wealth, retirement and consumption behaviour of households, and …
Persistent link: https://www.econbiz.de/10005113518
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 …
Persistent link: https://www.econbiz.de/10005113619
This paper presents an application of neural network models to predictive classification for data quality control. Our aim is to identify data affected by measurement error in the Bank of Italy�s business surveys. We build an architecture consisting of three feed-forward networks for...
Persistent link: https://www.econbiz.de/10005113573
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-response is not random, since it is more frequent among...
Persistent link: https://www.econbiz.de/10005609343
Providing the possibility to run personalised econometric/statistical analyses on the appropriate data sets by remote processing allows greater flexibility in the production of economic information. Binding confidentiality requirements are required with business survey data. The Bank of Italy's...
Persistent link: https://www.econbiz.de/10005609416