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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 …/dissavings (40% and 47% in 2008-2010 and 2010-2012, respectively), and within‐household risk‐sharing (16% and 14%). Interestingly …
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Are two parents and single parents allocating household resources to children in the same way? Which factors affect … intra-household inequality? Do mothers re-distribute more income to children as they are more empowered? We focus on child …) we analyze intra-household behavior over three different socio-economic contexts. We estimate a collective quadratic …
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--956) test if risk sharing across households is complete in the sense that household consumption moves one-for-one with aggregate …
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Using a life-cycle model and a representative sample of households, we analyze the extent to which using home equity leads to (heterogeneity in) welfare gains over the life cycle. The most policy-feasible option to borrow against 50% of home equity over the life cycle leads to median (average)...
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I consider as misplaced the current emphasis on income and wealth inequalities as compared to the socially more relevant consumption inequalities, which have been significantly reduced over the last decades and most likely for a much longer period of time. One important factor has been the...
Persistent link: https://www.econbiz.de/10013228144