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The paper presents the main results of the Eurosystem�s Household Finance and Consumption Survey (HFCS) with an … reveal a mean household gross income below the euro-area average. The concentration of income in Italy is roughly positioned …
Persistent link: https://www.econbiz.de/10011100367
applied to a data set derived from survey data on the Italian household sector. Simulations of the model are used to study the … per household and, above all, the decline in the ratio of social security wealth of households to disposable income as the …
Persistent link: https://www.econbiz.de/10005113518
The act of choosing can influence maximizing behaviour for at least two distinct reasons: 1) process significance and 2) decisional inescapability. The constructive programme of the paper is combined with critical appraisal of the implications of these concerns for rational decisions about...
Persistent link: https://www.econbiz.de/10005780681
members of a household (i.e. between paid or unpaid work) has deep social and economic implications. The paper shows that the … redistribution of income (from labour and from transfers) within the household is able to compensate for between 70 and 90 per cent … household redistribution is declining; while the income inequality of individuals has declined over time, that measured after …
Persistent link: https://www.econbiz.de/10005113539
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The paper examines the development of Italy�s public finances after the consolidation period 1992-97, which secured participation in the European Monetary Union from the outset. The �structural� developments in the main budgetary components are assessed, excluding the effects of...
Persistent link: https://www.econbiz.de/10005113682
This paper studies the determinants of Chinese households� saving. Domestic saving in China is the highest in the world in terms of GDP and it is mirrored in a large and persistent current account surplus. First, we show that notwithstanding the rising contribution of government and firms...
Persistent link: https://www.econbiz.de/10009386393