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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...
Persistent link: https://www.econbiz.de/10011084102
We study the determinants of intra-household decision-making responsibility over economic and financial choices using a direct measure provided in the 1989–2010 Bank of Italy Survey of Household Income and Wealth. We find that the probability that the wife is responsible for decisions...
Persistent link: https://www.econbiz.de/10010942996
The aim of the present article is to examine the information content of the Italian term spread as for real economic growth rates and recession probabilities and to test its predictive power in forecasting regime probabilities. To this end the relationship between the term spread and economic...
Persistent link: https://www.econbiz.de/10004967022
We study the impact of gender and marital status on financial decisions using the 1989-2006 Bank of Italy Survey of Household Income and Wealth. Controlling for several characteristics of household financial heads, we find that male and married ones are more likely to invest in risky assets than...
Persistent link: https://www.econbiz.de/10008553205
Persistent link: https://www.econbiz.de/10008480601
We study the joint impact of gender and marital status on financial investment by testing the hypothesis that marriage represents - in a portfolio framework - a sort of safe asset, and that this effect is stronger for women. We show that married individuals have a higher propensity to invest in...
Persistent link: https://www.econbiz.de/10005123954
Persistent link: https://www.econbiz.de/10005229120
We study the joint impact of gender and marital status on financial investments by testing the hypothesis that marriage represents - in a portfolio framework - a sort of safe asset and that this attribute may change over time. We show that married individuals have a higher propensity to invest...
Persistent link: https://www.econbiz.de/10009292496
Based on the exceptional ageing of the Italian population, this paper aims to contribute to the current debate on population ageing and financial markets. To this end, we use the data taken by the Bank of Italy Survey of Household Income and Wealth over the period 1995-2006, and we analyse the...
Persistent link: https://www.econbiz.de/10008674497
Persistent link: https://www.econbiz.de/10009578864