information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk … do not impose any model structure on the consumption process. This suggests that Italian households do not have access to …

This paper compares the main findings from the fourth wave of the Household Finance and Consumption Survey (HFCS) for …

This paper compares the main findings from the third wave of the Household Finance and Consumption Survey (HFCS) for …

We specify and estimate a lifecycle model of consumption, housing demand and labor supply in an environment where …, education specific productivity shocks, and catastrophic consumption events, while bankruptcy is governed by the basic …

children’s meals than men. Third, the spouses’ respective bargaining positions derived from consumption patterns strongly …

This article summarizes the main findings from the fourth wave of the Household Finance and Consumption Survey (HFCS …