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 risky asset investment. After controlling for the decision to enter …

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 … vary from 5 to 14 per cent, probably owing to a greater asymmetry in the distribution of wealth. …

The paper describes first the evolution in total household wealth in Italy over the period 1965-2010 before addressing … 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 …

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 …

-level data from the Survey on Household Income and Wealth and matching them with macroeconomic forecasts on debt and income, we …

Information from the Survey of Italian Household Income and Wealth (SHIW) is not normally used as a basis for regional … results confirm the traditional scenario: northern and central regions show greater average values for both income and wealth …