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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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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...
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I investigate consumption patterns in Italy and use a PCA-biplot to discover a consumption puzzle for the elderly poor …
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