households. Using data from the Bank of Italy's Survey on Household Income and Wealth covering the financial crisis, we are able … separately. We find that Italian households were able to smooth on average about 85% of shocks to household head's earnings in … both 2008-2010 and 2010-2012 spells. The most important smoothing mechanisms turn out to be self‐insurance through savings …

We set up and solve a rich life-cycle model of household decisions involving consumption of both perishable goods and …

We study the relationship between fiscal policy and household saving across the euro area countries for the period 1999 … panel setting. We find that fiscal expansions are associated with an increase in household saving rate in the euro area …

We study the relationship between fiscal policy and household saving across the euro area countries for the period 1999 … panel setting. We find that fiscal expansions are associated with an increase in household saving rate in the euro area …

-country differences in partnership formation rates, and the dramatic decrease in partnership formation rates in Southern Europe in … differential impact on partnership formation rates in Northern and Southern Europe due to the different social norms regarding the … household division of labor. Social norms are modeled as a constraint on the allocation of household labor that (if binding …

We investigate the determinants of a household's decision on whether to invest in risky financial assets. Financial … measure income risk as the observed variation of household income over a five year period. We find that indeed higher income … risk reduces the propensity to invest in stocks. However, when controlling for household heterogeneity as well as …

This paper explores the importance of the household's financial position for an individual's level of well … household's monetary financial position on overall life satisfaction and financial well-being, with the latter being measured by … indicate that the household's level of net wealth, assets and debt are important determinants of overall life satisfaction and …

This paper explores the importance of the household's financial position for an individual's level of well … household's monetary financial position on overall life satisfaction and financial well-being, with the latter being measured by … indicate that the household's level of net wealth, assets and debt are important determinants of overall life satisfaction and …