Homeownership rates and holdings of housing wealth differ immensely across countries. We specify and estimate a life cycle model with risky labor income and house prices in which households face a discrete-continuous choice between renting and owning a house, whose sale is subject to transaction...

In response to the two waves of Covid-19 in 2020, the Italian government implemented a general lockdown in March, but geographically targeted policies during fall. We exploit this natural experiment to compare the effects of the two policies in a difference-in-differences design, leveraging a...

Detailed information on the consumption footprint of households is essential for the distributional assessment of their carbon and other environmental impacts. The analysis and monitoring of footprint inequalities helps policymakers to formulate incentives for promoting sustainable lifestyles...

This report presents an evaluation of the JRC's scientific excellence from 2018 to 2022 by the dedicated Scientific Committee evaluation Panel. The assessment is based on analyses of bibliometric data, complemented with data and insights into the JRC's collaboration with other research...

The triple planetary crisis (climate change, biodiversity loss and pollution), the Covid pandemic, financial crises, persisting poverty, social exclusion, increasing inequality, and societal polarisation all clearly demonstrate that GDP is incomplete as a measure of a country's economic...