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In this paper we examine the role of intergenerational transfers in the wealth accumulation of Italian households …. Received transfers represent an important share of the net wealth held by households. Direct estimates referring to 2002 range … wealth and given transfers than non-recipient households. Richer households receive larger transfers but, as a proportion of …
Persistent link: https://www.econbiz.de/10005014714
The paper offers a broad overview of the topics addressed during the Bank of Italy's conference on Household wealth in … statistics on wealth, looks at the Bank of Italy's experience in this specific field, provides a brief synopsis of the research …
Persistent link: https://www.econbiz.de/10005014715
This paper analyses the impact of capital gains on the level and distribution of wealth held by Italian households … from the Bank of Italy’s Survey of Household Income and Wealth are used to reconstruct capital gains accounting for price … variations in the single assets composing wealth and for households’ idiosyncratic characteristics. Capital gains, defined as in …
Persistent link: https://www.econbiz.de/10005052181
demand in Ghana over the years. It is found through the review that studies have not reached a consensus on the direction of …
Persistent link: https://www.econbiz.de/10011110497
The study uses an asset index of consumer durables to track changes in household wealth in Ghana during the recent … period of strong growth. Using the Ghana Living Standards Survey of 1998 that contains both wealth data and consumer durable … data, the authors demonstrate that the asset index approximate marketable wealth adequately. Although asset index estimates …
Persistent link: https://www.econbiz.de/10005616700
Recent evidence from the microfinance industry reveals increase in sources of funding which anecdotally links to the … on interest rate stimulus. Using data from Ghana, we test the hypothesis of loan price inelasticity using quantile … interaction procedure is employed for household poverty scores and lending rates at varied statistic to identify differences in …
Persistent link: https://www.econbiz.de/10008562650
income increases more in treatment-group households, the increase in personal savings of the microfinance …This paper attempts to assess whether participation in a microfinance program helps households generate personal … savings, as distinct from savings through compulsory contributions to the program. We consider a microfinance program …
Persistent link: https://www.econbiz.de/10011259347
microfinance models of lending offer considerably lower costs of borrowing than those in regular models of direct lending by banks …. The study opines that microfinance model of lending can provide cost-efficient model of financial intermediation for …
Persistent link: https://www.econbiz.de/10011260268
This paper endeavours to assess the viability of the FONGS FINRURAL, a nascent network of 09 rural savings and credit … pertaining to each MFI. In the same vein, the network records an increase in savings collection which is however concentrated … records to its savings policy mainly based on high rate of compulsory savings (33%) as requirement for loan application …
Persistent link: https://www.econbiz.de/10011258176
Several frictions restrict the government's ability to tax assets. First of all, it is very costly to monitor trades on international asset markets. Moreover, agents can resort to non-observable low-return assets such as cash, gold or foreign currencies if taxes on observable assets become too...
Persistent link: https://www.econbiz.de/10011259637