The recent common feeling about a skyrocketing economic risk has drawn increasing attention to its role and consequences on individuals' welfare. In literature one of the concepts that aims to measure it is vulnerability to poverty, that is the probability, today, of being in poverty or to fall...

In this paper, we use US data from the Behavioral Risk Factor Surveillance System to examine unintended side-effects related to smoking bans, and cigarette prices, and taxes on health behaviors. Our findings show that smoking bans not only had positive direct effects on smoking but also induced...

We provide a theoretical framework to analyse the response of life time maximizing consumers to intertemporal prices of non-durable goods and durable goods when the borrowing limit depends on the market value of the stock of durables owned by the consumer. We use pseudo panel data on purchases...