Wealth Effects in Europe : A Tale of Two Countries (Italy and the United Kingdom) /

This paper investigates the increasing exposure of European households to risky financial assets and the consequent impact on the economy. I analyze household data for Italy and the United Kingdom, countries that differ dramatically in their financial structure and capital markets. I estimate an end...

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Autor principal: Munoz, Sonia
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2006.
Col·lecció:IMF Working Papers; Working Paper ; No. 2006/030
Accés en línia:Full text available on IMF