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1“...We provide a life-cycle framework for comparing insurance and disincentive effects of disability benefits. The risks that individuals face and the parameters...”
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2by Richard Blundell Luigi Pistaferri Itay Saporta-Eksten Published in The American economic review (01.02.2016)“...We examine the link between wage and consumption inequality using a life-cycle model incorporating consumption and family labor supply decisions. We derive...”
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3by Richard Blundell Luigi Pistaferri Ian Preston Published in The American economic review (01.12.2008)“...This paper examines the link between income and consumption inequality. We create panel data on consumption for the Panel Study of Income Dynamics using an...”
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4“...We review different empirical approaches that researchers have taken to estimate how consumption responds to income changes. We critically evaluate the...”
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5by Paiella, Monica Pistaferri, Luigi Published in The review of economics and statistics (01.10.2017)“...We decompose the wealth effect on consumption into two components. First, we distinguish between exogenous and endogenous wealth changes. Second, we...”
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6by Pistaferri, Luigi“...In this essay I summarize what I see as the most important academic and policy issues related to the study of consumption behavior in the US (and elsewhere). I...”
edited by Moffitt, Robert Brown, Charles Hurst, Erik Seltzer, Judith A Diez-Roux, Ana V Schoeni, Robert F Chase-Lansdale, P. Lindsay Couper, Mick P
Published in Journal of economic and social measurement (01.01.2015)
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7by Orazio P. Attanasio Luigi Pistaferri Published in The Journal of economic perspectives (01.04.2016)“...In this essay, we discuss the importance of consumption inequality in the debate concerning the measurement of disparities in economic well-being. We summarize...”
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8by Tullio Jappelli Luigi Pistaferri Published in American economic journal. Macroeconomics (01.10.2014)“...We use responses to survey questions in the 2010 Italian Survey of Household Income and Wealth that ask consumers how much of an unexpected transitory income...”
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9“...Recent theoretical work has shown the importance of measuring microeconomic uncertainty for models of both general and partial equilibrium under imperfect...”
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10“...We specify a life-cycle model of consumption, labor supply and job mobility in an economy with search frictions. We distinguish different sources of risk,...”
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11“...This paper contributes to the debate regarding trends in consumption inequality in the United States. We present a new measure of consumption inequality based...”
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12by Fagereng, Andreas Guiso, Luigi Malacrino, Davide Pistaferri, Luigi Published in Econometrica (01.01.2020)“...We provide a systematic analysis of the properties of individual returns to wealth using 12 years of population data from Norway's administrative tax records...”
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13by Blundell, Richard Pistaferri, Luigi Saporta-Eksten, Itay Published in The Journal of political economy (01.10.2018)“...We study choices of households deciding on consumption and allocation of spouses’ time to work, leisure, and child care. With uncertainty, the allocation of...”
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14by Andreas Fagereng Luigi Guiso Davide Malacrino Luigi Pistaferri Published in The American economic review (01.05.2016)“...Lacking a long time series on the assets of the very wealthy, Saez and Zucman (2015) use US tax records to obtain estimates of wealth holdings by capitalizing...”
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15by Guiso, Luigi Pistaferri, Luigi Schivardi, Fabiano Published in Journal of labor economics (01.01.2021)“...We document that individuals who grow up in high firm density areas are more likely to become entrepreneurs, given firm density in their current location, and...”
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17by Fagereng, Andreas Guiso, Luigi Pistaferri, Luigi Published in The Review of economic studies (01.01.2018)“...Abstract Assessing the importance of uninsurable wage risk for individual financial choices faces two challenges. First, the identification of the marginal...”
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18by Raj Chetty John N. Friedman Tore Olsen Luigi Pistaferri Published in The Quarterly journal of economics (01.05.2011)“...We show that the effects of taxes on labor supply are shaped by interactions between adjustment costs for workers and hours constraints set by firms. We...”
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19by Andreas Fagereng Luigi Guiso Luigi Pistaferri Published in The American economic review (01.05.2017)“...We propose a new approach to identify the strength of the precautionary motive and the extent of self-insurance in response to earnings risk based on Euler...”
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20“...We review the recent literature on the risk-sharing role of the firm. We provide a framework for studying risk sharing between workers and firm owners...”