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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 … retired elderly in Italy are continuing to accumulate wealth and that more than 80 percent are doing positive amounts of …
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We study care arrangement decisions in Italy, where families are increasingly delegating the role of primary caregiver … Italy's Emilia-Romagna region. We investigate the determinants of a household's decision to opt for one of the following …
Persistent link: https://www.econbiz.de/10011730570
financing on elderly care in Italy and, in particular, in Lombardy, both in terms of organizational level (central … funding actually spent for elderly care in Italy: this should be of warning for policy makers, especially in view of an …
Persistent link: https://www.econbiz.de/10011775951
By age 77 a plurality of women in wealthy Western societies are widows. Comparing older (aged 70+) married women to widows in the American Time Use Survey 2003-18 and linking the data to the Current Population Survey allow inferring the short- and longer-term effects of an arguably exogenous...
Persistent link: https://www.econbiz.de/10012533301
Two explanations have been proposed for the observed slowness of wealth decumulation by the elderly in the literature: the precautionary saving induced by (uninsurable) uncertainty about the time of death or by the possibility of major catastrophes in old age that require large outlays; the...
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