We empirically study the determinants of intra-household decision power with respect to economic and financial choices using a suitable direct measure provided in the 1989-2010 Bank of Italy Survey of Household Income and Wealth. Focusing on a sample of couples, we evaluate the effect of each...

The aim of the present paper is to provide evidence on the internal efficiency of the Italian index option market and to verify the consistency of the latter notion of efficiency with the cross market one. To this end a model-free approach is taken, whereby strategies involving only options are...

We study the joint impact of gender and marital status on financial decisions. First, we test the hypothesis that marriage represents - in a portfolio framework - a sort of safe asset, and that this effect is stronger for women. Controlling for a number of observable characteristics, we show...