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Italian Household Wealth: Background, Main Results, Outlook

Author

Listed:
  • Luigi, Cannari
  • Giovanni, D'Alessio
  • Grazia, Marchese

Abstract

The paper offers a broad overview of the topics addressed during the Bank of Italy's conference on Household wealth in Italy held in Perugia (Italy) in 2007. It recalls the principal reasons for central bank involvement in the compilation of statistics on wealth, looks at the Bank of Italy's experience in this specific field, provides a brief synopsis of the research to date and compares the new estimates with those previously available. The final section provides some thoughts on the future direction of the research.

Suggested Citation

  • Luigi, Cannari & Giovanni, D'Alessio & Grazia, Marchese, 2008. "Italian Household Wealth: Background, Main Results, Outlook," MPRA Paper 15106, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:15106
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    File URL: https://mpra.ub.uni-muenchen.de/15106/1/MPRA_paper_15106.pdf
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    References listed on IDEAS

    as
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    4. Barro, Robert J, 1989. "The Ricardian Approach to Budget Deficits," Journal of Economic Perspectives, American Economic Association, vol. 3(2), pages 37-54, Spring.
    5. Claudia Biancotti & Giovanni D'Alessio, 2007. "The use of micro-level data from the Bank of Italy's survey of household income and wealth: a focus on household finance," IFC Bulletins chapters, in: Bank for International Settlements (ed.), Proceedings of the IFC Conference on "Measuring the financial position of the household sector", Basel, 30-31 August 2006 - Volume 2, volume 26, pages 342-346, Bank for International Settlements.
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    7. Michael Reiter, 1999. "Asset prices and the measurement of wealth and saving," Economics Working Papers 396, Department of Economics and Business, Universitat Pompeu Fabra.
    8. Frederic S. Mishkin, 1996. "The Channels of Monetary Transmission: Lessons for Monetary Policy," NBER Working Papers 5464, National Bureau of Economic Research, Inc.
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    10. Luigi Cannari & G. D'Alessio & Andrea Venturini, 2003. "La ricchezza delle famiglie nelle regioni italiane," Rivista economica del Mezzogiorno, Società editrice il Mulino, issue 1-2, pages 47-86.
    11. Giovanni D'Alessio & Ivan Faiella, 2002. "Non-response behaviour in the Bank of Italy�s Survey of Household Income and Wealth," Temi di discussione (Economic working papers) 462, Bank of Italy, Economic Research and International Relations Area.
    12. Frederic S. Mishkin, 2006. "Monetary Policy Strategy: How Did We Get Here?," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 53(4), pages 359-388, December.
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    Cited by:

    1. Luigi Infante & Francesco Vercelli, 2020. "An introduction to Italian balance sheets: methodology and stylized facts," Questioni di Economia e Finanza (Occasional Papers) 559, Bank of Italy, Economic Research and International Relations Area.

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    More about this item

    Keywords

    Households; Wealth; Saving;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

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