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This paper reviews the main macroeconomic trends and the debate on policy priorities in Italy since the end of the … Nineties. In the decade up to the outbreak of the global crisis (1998-2007), in Italy the reform process came to a virtual … factors masked the difficulties of the productive system. Had Italy been better positioned in terms of public finances and …
Persistent link: https://www.econbiz.de/10013055989
at the Bank of Italy. According to our results, a level of carbon taxation within the range of €50-200 per ton does not …
Persistent link: https://www.econbiz.de/10013321885
This paper proposes a novel methodology to estimate the demand and elasticity of electricity, heating, and private transport fuels by aligning the microdata of the Italian Household Budget Survey with several external sources. These estimates are used to evaluate the effects of a set of one-off...
Persistent link: https://www.econbiz.de/10013226669
After the crisis, from 2008 to 2010 the share of indebted households decreased both owing to a reduction in loan demand and stricter supply conditions. The reduction regarded mortgages and involved low-income households and the self-employed. Recourse to consumer credit remained stable; it...
Persistent link: https://www.econbiz.de/10013097936
emphasis on the data for Italy in the international context. The paper examines households' socio-demographic characteristics …, assets and income distribution, participation in real and financial assets and indebtedness levels. The results for Italy … 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/10013082376
The last decade has seen significant increases in consumer indebtedness in western countries, causing concern about its economic and social impact. In particular, over-indebtedness is attracting attention from national and international authorities because of its potential effect on both the...
Persistent link: https://www.econbiz.de/10013083992
This paper investigates trends in Italian households' saving and wealth in the last twenty years, with a special emphasis on the period immediately following the financial crisis in 2008. The analysis is based on data from the Italian Survey on Household Income and Wealth (1991-2010. The crisis...
Persistent link: https://www.econbiz.de/10013083993
This paper compares two indicators of household vulnerability using the Bank of Italy's Survey on Household Income and …
Persistent link: https://www.econbiz.de/10012960915
Since 2015 consumer loans have been rising fast in France, Germany, Italy, and Spain. Credit demand, specifically for … consumer durables, has played a crucial role; the easing of supply conditions has been relevant only in Italy and Spain, which … decreasing due to the high share of fixed-rate contracts. There is wide risk heterogeneity across countries, with Italy and Spain …
Persistent link: https://www.econbiz.de/10012864896
to the Italian case from 2008 to 2014 by using the wide array of information available from the Bank of Italy's survey on …
Persistent link: https://www.econbiz.de/10012993380