This paper assesses the level of households’ indebtedness and their financial stress using the results of a specific household survey conducted for this purpose in late 2002 - early 2003 by the Bank of Greece. The study also investigates the extent to which demographic and socio-economic...

Inflation is often assumed to affect all people in the same way. However, differences in spending patterns across households and differences in price changes across goods and services lead to a different inflation rate for each household. In this paper, we estimate inflation rates for various...

The paper examines the structure and determinants of economic inequality in Greece and the EU-15 countries using data from the latest available Greek Household Budget Survey and the 7th wave of the ECHP survey. Emphasis is given to the possibly less well- researched but nonetheless important...

The ethical analysis of distribution seems to show that, from general opinion, distribution in the field of macrojustice should not depend of people’s utility – for this choice, each individual’s utility concerns this person only (utility is relevant for other issues). The criterion should...

In this paper we consider income distribution in Italy, and evaluate the redistributive impact of in-kind transfers by using SHIW data provided by the Banca d’Italia. The analysis is conducted at the household level, comparing families with different needs by means of equivalence scales. We...

Manny studies' regulatory aim is to have non-insurance entitlements of the social insurance system funded by taxes. Since most studies use (macro)economeetric methods, changes in household behaviour are not shown and the allocative effects resulting from tax funding are not sufficiently taken...

There has been a renewed interest in recent years in income inequality, economic mobility, and income volatility. I define an aggregate measure of income risk as half the squared coefficient of variation of incomes measured over both people and time, which can be decomposed into an inequality...

The availability of panel data has allowed a comprehensive description of poverty exits and entries in Spain. However, most of the literature, so far, has ignored or not explicitly modelled the process of sample attrition and/or the initial conditions problem we face when studying poverty...

The paper attempts to measure income inequality and its changes over the period 1993-2000 for a set of 13 Countries in ECHP. Focusing on wages and incomes of workers in general, inequality is mainly analyzed with respect to educational levels as proxy of individual abilities. Estimation of...

Between the start of the financial crisis in the third quarter of 2007 and the third quarter of 2008, Austrian household sector losses arising from investment in tradable securities amounted to approximately EUR 24 billion. This study uses micro and macro data to examine the possible...