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In this paper we investigate the size of the consumption drop at retirement in Italy. We use micro data on food and total non-durable household spending covering the period 1993-2004, and evaluate the change in consumption that accompanies retirement by exploiting the exogenous variability in...
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Machine generated contents note: 1.Anatomy of Financial Hardship / Guglielmo Weber -- 2.The Consequences of Financial Hardship (and Recessions) on Income and Welfare / Guglielmo Weber -- 3.Characterizing Income Shocks and their Transmission to Household Consumption / Torben Heien Nielsen --...
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