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The paper offers a comparative analysis of household wealth in the main industrial countries: the United States, the United Kingdom, Japan, Italy, France, Germany and Spain. Particular attention is devoted to Italy. We distinguish between financial wealth, real assets, indebtedness, and net...
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The goal of this paper is to investigate the link between the length of a firm-bank relationship and firm's internationalization. The analysis is carried out on matched firm-bank micro-data from a survey of Italian enterprises from 1998 to 2003. We obtain two main results. First, a longer...
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In most countries household debt increased from the 1990s until the crisis of 2007-2008 before stabilizing due to recession and deleveraging. However, there are national differences in household debt/GDP ratios. This paper studies the determinants of household debt, using a 32-country dataset...
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