This is a short survey on consumption theory. Consumption is important to both fluctuation and growth. In addition …, consumption introduces some important issues involving financial markets and portfolio decisions. We will describe consumption … decisions in a dynamic context. Uncertainty about income and interest rates are introduce in the second part of the paper. The …

and 37 million respectively). The analysis shows how the sharp reduction in durable consumption has been associated with a …

Income and Wealth (Bank of Italy) and on the Survey of Consumer Finances (Federal Reserve Board). Tangible assets appear to …

The paper provides an evaluation of the redistribution effects stemming from the changes to the personal income tax … on these households of changes in income brackets and tax rates; b) the absence of dependent relatives does not allow the … burden that favours low income households with a high number of components, thanks to changes in tax credits. Concerning …

for income). Wealth distribution has changed significantly over time, favouring elderly rather than young households. The …

analysis of the impact of tax evasion on inequality in the distribution of income in Italy. The analysis considers data … between concentration (Gini index) in the distribution of, respectively, fiscal income (reported by taxpayers) and actual … income (obtained from National Accounts). The analysis shows that tax evasion has positively contributed to the increase of …