“...We study the relation between cognitive abilities and stockholding using the recent Survey of Health, Ageing and Retirement in Europe (SHARE), which has...”

“...We present an intertemporal portfolio choice model where individuals invest in financial literacy, save, allocate their wealth between a safe and a risky...”

“...AbstractBased on a sample of university students, we provide evidence that a small-scale training intervention has both a statistically and economically...”

“...Using a representative sample of Italian investors, we measure the uncertainty of social security benefits by eliciting for each individual the subjective...”

“...Estimating the effect of aging on productivity requires clean measures of productivity. Additionally, one needs to control for unobserved heterogeneity at the...”

“...Summary The existing literature that estimates the incidence of arrears relies on either household survey data or administrative data derived from the lender's...”

“...The paper uses data from the consumer expenditure surveys to demonstrate that the mode of collection is important for the analysis of consumption data. We...”

“...In 2000, Italy replaced its traditional system of severance pay for public employees with a new system. Under the old regime, severance pay was proportional to...”

“...Understanding the factors that influence arrears is crucial if policy makers wish to alleviate the problems caused by debt. But conventional estimates of...”