response (or measurement) errors. In the case of Italy, the declining level of observed mobility is downward biased by the … increasing difficulty in measuring household wealth (which results in an increase of response errors). Measurement issues appear …

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 particular, in the case of household wealth, unit non-response and measurement … error can severely bias the estimates. Using the Italian Survey on Household Income and Wealth (SHIW), we exploit the …

significant up-front investments in their business. The evidence is that in Italy household wealth matters in the decision to … of the way to identify financial constraints is to look at the importance of household wealth in the decision to become … wealth if talent is unobserved; other unobservable household characteristics create similar problems. This paper makes a …

importance should decrease with wealth. I test these theoretical predictions for the Italian case, using the Survey of Household … Income and Wealth. The evidence is that household's initial wealth is indeed important in the decision to become an … model. Finally, conditional on becoming entrepreneurs, initial household wealth does not significantly affect the size of …

Does regional income inequality affect a household's likelihood of being indebted? This question is addressed by using … that banks may use local income inequality and a household's position in the income distribution to make inferences about … types of debt, unobserved household heterogeneity using panel data and a number of robustness checks …

' and households' investment in Italy over the past two decades. We estimate a vector error correction model separately for … or financing constraints are unable to fully explain investment dynamics in Italy, especially in the most recent years of …

Poverty is generally defined as income or expenditure insufficiency, but the economic condition of a household also … household net worth. We review and assess two main approaches followed in the literature: income-net worth measures and asset …