Search Results - "Pistaferri, Luigi"

Journal Article

Disability Insurance and the Dynamics of the Incentive Insurance Trade-Off

by Hamish Low Luigi Pistaferri Published in The American economic review (01.10.2015)

“...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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Journal Article

Consumption Inequality and Family Labor Supply

by 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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Journal Article

Consumption Inequality and Partial Insurance

by 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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Journal Article

The Consumption Response to Income Changes

by Jappelli, Tullio Pistaferri, Luigi Published in Annual review of economics (04.09.2010)

“...We review different empirical approaches that researchers have taken to estimate how consumption responds to income changes. We critically evaluate the...”

Journal Article

Decomposing the Wealth Effect on Consumption

by 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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Journal Article

Consumption Inequality

by 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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Journal Article

Fiscal Policy and MPC Heterogeneity

by 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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Journal Article

Income Variance Dynamics and Heterogeneity

by Costas Meghir Luigi Pistaferri Published in Econometrica (01.01.2004)

“...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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Journal Article

Wage Risk and Employment Risk over the Life Cycle

by Hamish Low Costas Meghir Luigi Pistaferri Published in The American economic review (01.09.2010)

“...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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Journal Article

Consumption Inequality over the Last Half Century: Some Evidence Using the New PSID Consumption Measure

by Orazio Attanasio Luigi Pistaferri Published in The American economic review (01.05.2014)

“...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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Journal Article

Heterogeneity and Persistence in Returns to Wealth

by 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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Journal Article

Children, Time Allocation, and Consumption Insurance

by 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...”

Journal Article

Heterogeneity in Returns to Wealth and the Measurement of Wealth Inequality

by 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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Journal Article

Learning Entrepreneurship from Other Entrepreneurs?

by 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...”

Journal Article

Portfolio Choices, Firm Shocks, and Uninsurable Wage Risk

by 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...”

Journal Article

ADJUSTMENT COSTS, FIRM RESPONSES, AND MICRO VS. MACRO LABOR SUPPLY ELASTICITIES: EVIDENCE FROM DANISH TAX RECORDS

by 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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Journal Article

Firm-Related Risk and Precautionary Saving Response

by 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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Journal Article

The insurance role of the firm

by Guiso, Luigi Pistaferri, Luigi Published in The Geneva risk and insurance review (01.03.2020)

“...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...”

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