The responsiveness of long-term household debt to the interest rate is a crucial parameter for assessing the effectiveness of public policies aimed at promoting specific types of saving. This paper estimates the effect of a reform of Credito Bonificado, a large program in Portugal that...

Young adults leave their parents' home at a higher rate in Northern Europe and the United States than in Southern Europe, with broad implications on labor mobility, intergenerational sharing of resources and on fertility. This paper assesses if differences in household structure can be traced...

The author argues that Sen's capability approach is primarily a philosophical under-labouring exercise aimed at elaborating certain central economic categories, and that the philosophical and methodological underpinnings of Sen's approach are radically different from those of contemporary...