Analysis of data from emerging economies suggests that, unless properly managed, the introduction of higher minimum bank capital requirements may well induce an aggregate slowdown or contraction of bank credit in these economies. Chiuri, Ferri, and Majnoni test for emerging economies the...

We explore the pattern of elderly homeownership using microeconomic surveys of 15 OECD countries, merging 60 national household surveys on about 300,000 individuals. In all countries the survey is repeated over time, permitting construction of an international dataset of repeated cross-sectional...

Although several social, economic, and financial indicators point to a growing convergence among European countries, striking differences still emerge in the timing of leaving home for adult children. In our work, we explore the European diversity, analysing living arrangements of people 18–34...

Recent empirical evidence show considerable variation in the degree of labor market participation of women during childbearing across different countries. In order to investigate this issue, we analyze intertemporal employment patterns and its interaction with fertility, comparing countries...

Economic models of household behavior typically yield the prediction that increases in schooling levels and wage rates of married women lead to increases in their labor supply and reductions in fertility. In Italy, as well as in other Southern European countries, low labor market participation...

Economic models of household behavior typically yield the prediction that increases in schooling levels and wage rates of married women lead to increases in their labor supply and reductions in fertility. In Italy, low labor market participation rates of married women are observed together with...

While a large literature has focused on the impact of parental investments on child cognitive development, very little is known about the role of child’s own investments. Information on how children invest their time separately from parents is probably little informative for babies and...