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Persistent link: https://www.econbiz.de/10009310295
In this paper, we examine whether imperfections in credit markets spill over to other markets, particularly the labor market. We take the case of Italy, a country that experienced changes in the mortgage market brought about by the 1992 European unification and other institutional shifts. These...
Persistent link: https://www.econbiz.de/10011413857
Persistent link: https://www.econbiz.de/10001845276
the coping methods people use to deal with shocks. While savings is used most often, relying on family and friends, using …, especially for some subgroups. Household finance researchers must look beyond precautionary savings to understand how families … cope with risk. We also find evidence of a "pecking order" of coping methods in which savings appears to be first in the …
Persistent link: https://www.econbiz.de/10013124829
The propensity to become a business owner is a nonlinear function of wealth.The relationship between wealth and entry into entrepreneurship is essentially flat over the majority of the wealth distribution.It is only at the top of the wealth distribution--after the ninety-fifth percentile--that a...
Persistent link: https://www.econbiz.de/10013070559
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themselves to be financially fragile. We examine the coping methods people use to deal with shocks. While savings is used most … precautionary savings to understand how families cope with risk. We also find evidence of a "pecking order" of coping methods in … which savings appears to be first in the ordering. Finally, the paper compares the levels of financial fragility and methods …
Persistent link: https://www.econbiz.de/10009151804
In this paper, we examine whether imperfections in credit markets spill over to other markets, particularly the labor market. We take the case of Italy, a country that experienced changes in the mortgage market brought about by the 1992 European unification and other institutional shifts. These...
Persistent link: https://www.econbiz.de/10013320389
the coping methods people use to deal with shocks. While savings is used most often, relying on family and friends, using …, especially for some subgroups. Household finance researchers must look beyond precautionary savings to understand how families … cope with risk. We also find evidence of a "pecking order" of coping methods in which savings appears to be first in the …
Persistent link: https://www.econbiz.de/10012461586
shocks. While savings s used most often, relying on family and friends, using formal and alternative credit, increasing work … order of coping methods in which savings appears to be first in the ordering. Finally, the paper compares the levels of …
Persistent link: https://www.econbiz.de/10013127109