We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel … information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …

We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel … information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …

We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel … information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …

We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel … information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk …

According to the permanent income hypothesis with quadratic preferences, savings should react only to transitory income … Italian households drawn from the 1989-1991 Survey of Household Income and Wealth … shocks, but not to permanent shocks. The problem is that income shock components are not separately observable. I show how …

with financial decisions. Using the Bank of Italy's Survey on Household Income and Wealth, our empirical analysis shows … and how to invest their retirement wealth, pension reforms have raised concerns about the ability of households to deal …

We use 6 waves of the Bank of Italy's Survey on household income and wealth (SHIW) to check the evolution of workers … economic and demographic subsets of the population. Finally, we estimate a subjective measure of social security wealth and the … effects of pension reforms approved in the period considered on wealth accumulation. …

from the "Survey of Italian Households' Income and Wealth," a panel survey of households conducted every two years by the …In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data … Bank of Italy. We find that, on average, the retired elderly in Italy are decumulating their wealth (dissaving) but that …