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Data from the Italian Survey of Households Income and Wealth (SHIW) are used to study portfolio allocations change in response to fluctuations in wealth. In particular I test for the prediction of models with habit formation that changes in liquid wealth will affect households' risk aversion and...
Persistent link: https://www.econbiz.de/10009645787
We build a microsimulation model to monitor the financial vulnerability of Italian households. Starting from household-level data from the Survey on Household Income and Wealth and matching them with macroeconomic forecasts on debt and income, we project the future path of households’...
Persistent link: https://www.econbiz.de/10011184259
This paper depicts � from a variety of viewpoints � the degree of indebtedness and potential financial vulnerabilities of households across the Italian regions. Micro-data from several sources suggest that the financial situation of Italian households shows striking differences at...
Persistent link: https://www.econbiz.de/10011100383
In the 2008-09 school year the Bank of Italy and the Italian Ministry of Education started an experimental program to …
Persistent link: https://www.econbiz.de/10011100387
survey conducted in 2007 by the Bank of Italy over more than 300 banks. The results document significant innovations in …
Persistent link: https://www.econbiz.de/10005113690
last decades. In almost all countries, including Italy, there has been a substantial reduction in the total length of … situation partly related to the weakness of nursing and residential care facilities in Italy, with an unbalanced "division of … hospital component’s share of total health expenditure (in Italy above the OECD average). The higher cost of hospital services …
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