Details about Luigi Pistaferri

Homepage:	http://www.stanford.edu/~pista/
Phone:	+1 650 724-4904
Postal address:	Dept. of Economics Stanford University Stanford, CA 94305-6072 USA
Workplace:	Department of Economics, Stanford University, (more information at EDIRC)

Access statistics for papers by Luigi Pistaferri.

Last updated 2023-03-16. Update your information in the RePEc Author Service.

Short-id: ppi39

---

Jump to Journal Articles Chapters Software Items

Working Papers

2022

1. Assortative Mating and Wealth Inequality
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
2. Global Trends in Income Inequality and Income Dynamics: New Insights from GRID
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)

2020

3. Permanent Income Shocks, Target Wealth, and the Wealth Gap
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2019

4. Disability Insurance: Error Rates and Gender Differences
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
5. Earnings Dynamics and Firm-Level Shocks
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)
6. Wealth Shocks and MPC Heterogeneity
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)

2018

7. Marriage, Labor Supply and the Dynamics of the Social Safety Net
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (54)

2017

8. Children, Time Allocation and Consumption Insurance
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
   Also in IFS Working Papers, Institute for Fiscal Studies (2015) View citations (3)
9. Firm-Related Risk and Precautionary Saving Response
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)

2016

10. Consumption Network Effects
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)
11. Heterogeneity and Persistence in Returns to Wealth
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (57)
12. Portfolio Choices, Firm Shocks and Uninsurable Wage Risk
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)

2015

13. Learning Entrepreneurship From Other Entrepreneurs?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)

2014

14. Consumption inequality and family labor supply
    2014 Meeting Papers, Society for Economic Dynamics View citations (11)
    Also in Working Paper Series, European Central Bank (2014) View citations (11)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2012) View citations (43)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2012) View citations (48)
    NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (45)
15. Disability Insurance and the Dynamics of the Incentive-Insurance Tradeoff
    Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge
    See also Journal Article in American Economic Review (2015)

2013

16. Fiscal Policy and MPC Heterogeneity
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2012) View citations (2)
    CFS Working Paper Series, Center for Financial Studies (CFS) (2013) View citations (3)
    See also Journal Article in American Economic Journal: Macroeconomics (2014)
17. Marriage, Social Insurance and Labor Supply
    2013 Meeting Papers, Society for Economic Dynamics View citations (1)

2012

18. Changes in the Income Distribution and Aggregate Consumption
    Working Papers, Department of the Treasury, Ministry of the Economy and of Finance View citations (3)
19. The Evolution of Income, Consumption, and Leisure Inequality in The US, 1980-2010
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (38)

2011

20. Consumption Risk and Family Labor Supply
    2011 Meeting Papers, Society for Economic Dynamics

2010

21. Adjustment Costs, Firm Responses, and Labor Supply Elasticities: Evidence from Danish Tax Records
    CAM Working Papers, University of Copenhagen. Department of Economics. Centre for Applied Microeconometrics View citations (20)
22. Credit within the Firm
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) (2010) View citations (15)
    Working Paper CRENoS, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia (2010) View citations (6)
    Global COE Hi-Stat Discussion Paper Series, Institute of Economic Research, Hitotsubashi University (2009) View citations (2)
    NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (4)
    See also Journal Article in Review of Economic Studies (2013)
23. Disability Risk, Disability Insurance and Life Cycle Behavior
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (32)
    Also in IFS Working Papers, Institute for Fiscal Studies (2010) View citations (30)
24. Earnings, Consumption and Lifecycle Choices
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)
    Also in IFS Working Papers, Institute for Fiscal Studies (2010) View citations (28)
    See also Chapter (2011)
25. The Consumption Response to Income Changes
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (401)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2009) View citations (2)
    Discussion Papers, Stanford Institute for Economic Policy Research (2009) View citations (10)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (386)
    See also Journal Article in Annual Review of Economics (2010)

2009

26. Adjustment Costs, Firm Responses, and Micro vs. Macro Labor Supply Elasticities: Evidence from Danish Tax Records
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (36)
    See also Journal Article in The Quarterly Journal of Economics (2011)
27. Cross Sectional Facts for Macroeconomists
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (7)
    See also Journal Article in Review of Economic Dynamics (2010)
28. Does Consumption Inequality Track Income Inequality in Italy?
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (8)
    See also Journal Article in Review of Economic Dynamics (2010)
29. Wage Risk and Employment Risk over the Life Cycle
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    Also in IFS Working Papers, Institute for Fiscal Studies (2006) View citations (24)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2007) View citations (2)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2008) View citations (15)
    2004 Meeting Papers, Society for Economic Dynamics (2004) View citations (6)
    IFS Working Papers, Institute for Fiscal Studies (2008) View citations (16)
    See also Journal Article in American Economic Review (2010)

2008

30. Financial Integration and Consumption Smoothing
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (5)
    See also Journal Article in Economic Journal (2011)

2007

31. A Direct Test of the Buffer Stock Model of Saving
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2005)
    CFS Working Paper Series, Center for Financial Studies (CFS) (2007)
    See also Journal Article in Journal of the European Economic Association (2008)
32. Disability shocks and consumption behavior
    2007 Meeting Papers, Society for Economic Dynamics
33. Household Heterogeneity and Real Exchange Rates
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (39)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2006) View citations (2)
    See also Journal Article in Economic Journal (2007)

2006

34. Health Care Quality, Economic Inequality, and Precautionary Saving
    "Marco Fanno" Working Papers, Dipartimento di Scienze Economiche "Marco Fanno" View citations (2)
    See also Journal Article in Health Economics (2007)
35. Wages, Employment, and Capital in Capitalist and Worker-Owned Firms
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (74)
    See also Journal Article in ILR Review (2006)

2005

36. Asset Pricing Implications of Pareto Optimality with Private Information
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2005) View citations (12)
    See also Journal Article in Journal of Political Economy (2009)
37. Intertemporal choice and consumption mobility
    CFS Working Paper Series, Center for Financial Studies (CFS)
    Also in 2004 Meeting Papers, Society for Economic Dynamics (2004) View citations (8)
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (1999) View citations (4)
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society (2000) View citations (13)
    See also Journal Article in Journal of the European Economic Association (2006)
38. Job Mobility and Wage Dynamics
    2005 Meeting Papers, Society for Economic Dynamics

2004

39. Consumption Inequality, Income Uncertainty and Insurance
    2004 Meeting Papers, Society for Economic Dynamics View citations (5)
40. Consumption inequality and partial insurance
    IFS Working Papers, Institute for Fiscal Studies View citations (74)
    See also Journal Article in American Economic Review (2008)
41. Health Care Quality and Economic Inequality
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (1)
42. Imputing consumption in the PSID using food demand estimates from the CEX
    IFS Working Papers, Institute for Fiscal Studies View citations (38)
43. Incentives to Borrow and the Demand for Mortgage Debt: An Analysis of Tax Reforms
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2002) View citations (6)

2003

44. Tax Incentives to Saving and Borrowing
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)

2002

45. Anticipated and Unanticipated Wage Changes, Wage Risk, and Intertemporal Labour Supply
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
    See also Journal Article in Journal of Labor Economics (2003)
46. Income Variance Dynamics and Heterogeneity
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (50)
    Also in IFS Working Papers, Institute for Fiscal Studies (2001) View citations (3)
    See also Journal Article in Econometrica (2004)
47. Insurance within the firm
    10th International Conference on Panel Data, Berlin, July 5-6, 2002, International Conferences on Panel Data View citations (36)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (7)
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area (2001) View citations (3)
    See also Journal Article in Journal of Political Economy (2005)
48. Partial Insurance, Information, and Consumption Dynamics
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (17)
    Also in IFS Working Papers, Institute for Fiscal Studies (2002) View citations (15)
49. Tax Incentives for Household Saving and Borrowing
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (1)
50. Uncertainty and Consumer Durables Adjustment
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (16)
    See also Journal Article in Review of Economic Studies (2005)

2001

51. Education, Employment and Wage Risk
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (23)
52. Tax Incentives and the Demand for Life Insurance: Evidence from Italy
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (2001) View citations (6)
    See also Journal Article in Journal of Public Economics (2003)

2000

53. The Dynamics of Household Wealth Accumulation in Italy
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (32)
    See also Journal Article in Fiscal Studies (2000)

1999

54. Consumption Insurance or Consumption Mobility
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (1999) View citations (1)

1998

55. Recommendations in the Italian Labour Market: An Empirical Analysis
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy
56. Superior Information, Income Shocks and the Permanent Income Hypothesis
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (5)
    See also Journal Article in The Review of Economics and Statistics (2001)
57. Using Subjective Income Expectations to Test for Excess Sensitivity of Consumption to Predicted Income Growth
    CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy View citations (3)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1997) View citations (3)
    See also Journal Article in European Economic Review (2000)
58. What Determines Earnings and Employment Risk
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    Also in CSEF Working Papers, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy (1998) View citations (3)

Journal Articles

2015

1. Disability Insurance and the Dynamics of the Incentive Insurance Trade-Off
   American Economic Review, 2015, 105, (10), 2986-3029 View citations (71)
   See also Working Paper (2014)

2014

2. Consumption Inequality over the Last Half Century: Some Evidence Using the New PSID Consumption Measure
   American Economic Review, 2014, 104, (5), 122-26 View citations (64)
3. Fiscal Policy and MPC Heterogeneity
   American Economic Journal: Macroeconomics, 2014, 6, (4), 107-36 View citations (160)
   See also Working Paper (2013)

2013

4. Credit within the Firm
   Review of Economic Studies, 2013, 80, (1), 211-247 View citations (38)
   See also Working Paper (2010)

2011

5. Adjustment Costs, Firm Responses, and Micro vs. Macro Labor Supply Elasticities: Evidence from Danish Tax Records
   The Quarterly Journal of Economics, 2011, 126, (2), 749-804 View citations (548)
   See also Working Paper (2009)
6. Financial Integration and Consumption Smoothing
   Economic Journal, 2011, 121, (553), 678-706 View citations (27)
   See also Working Paper (2008)

2010

7. Cross Sectional Facts for Macroeconomists
   Review of Economic Dynamics, 2010, 13, (1), 1-14 View citations (151)
   See also Working Paper (2009)
8. Does Consumption Inequality Track Income Inequality in Italy?
   Review of Economic Dynamics, 2010, 13, (1), 133-153 View citations (108)
   See also Working Paper (2009)
   Software Item (2009)
9. The Consumption Response to Income Changes
   Annual Review of Economics, 2010, 2, (1), 479-506 View citations (398)
   See also Working Paper (2010)
10. Wage Risk and Employment Risk over the Life Cycle
    American Economic Review, 2010, 100, (4), 1432-67 View citations (362)
    See also Working Paper (2009)

2009

11. Asset Pricing Implications of Pareto Optimality with Private Information
    Journal of Political Economy, 2009, 117, (3), 555-590 View citations (53)
    See also Working Paper (2005)
12. Comment on: "Turbulent firms, turbulent wages?" by Comin, Groshen, and Rabin
    Journal of Monetary Economics, 2009, 56, (1), 134-136
13. Disentangling Insurance and Information in Intertemporal Consumption Choices
    American Economic Review, 2009, 99, (2), 387-92 View citations (43)
14. The Life-Cycle Hypothesis: An Assessment of Some Recent Evidence
    Rivista di Politica Economica, 2009, 99, (2), 35-65

2008

15. A Direct Test of The Buffer-Stock Model of Saving
    Journal of the European Economic Association, 2008, 6, (6), 1186-1210 View citations (17)
    See also Working Paper (2007)
16. Consumption Inequality and Partial Insurance
    American Economic Review, 2008, 98, (5), 1887-1921 View citations (568)
    See also Working Paper (2004)
17. Inequality and Real Exchange Rates
    Journal of the European Economic Association, 2008, 6, (2-3), 597-608 View citations (7)

2007

18. Do people respond to tax incentives? An analysis of the Italian reform of the deductibility of home mortgage interests
    European Economic Review, 2007, 51, (2), 247-271 View citations (36)
19. Health care quality, economic inequality, and precautionary saving
    Health Economics, 2007, 16, (4), 327-346 View citations (22)
    See also Working Paper (2006)
20. Household Heterogeneity and Real Exchange Rates
    Economic Journal, 2007, 117, (519), C1-C25 View citations (39)
    See also Working Paper (2007)

2006

21. Intertemporal Choice and Consumption Mobility
    Journal of the European Economic Association, 2006, 4, (1), 75-115 View citations (42)
    See also Working Paper (2005)
22. Wages, Employment, and Capital in Capitalist and Worker-Owned Firms
    ILR Review, 2006, 60, (1), 23-44 View citations (73)
    See also Working Paper (2006)

2005

23. Insurance within the Firm
    Journal of Political Economy, 2005, 113, (5), 1054-1087 View citations (242)
    See also Working Paper (2002)
24. Uncertainty and Consumer Durables Adjustment
    Review of Economic Studies, 2005, 72, (4), 973-1007 View citations (75)
    See also Working Paper (2002)

2004

25. Income Variance Dynamics and Heterogeneity
    Econometrica, 2004, 72, (1), 1-32 View citations (569)
    See also Working Paper (2002)

2003

26. Anticipated and Unanticipated Wage Changes, Wage Risk, and Intertemporal Labor Supply
    Journal of Labor Economics, 2003, 21, (3), 729-754 View citations (130)
    See also Working Paper (2002)
27. Tax incentives and the demand for life insurance: evidence from Italy
    Journal of Public Economics, 2003, 87, (7-8), 1779-1799 View citations (29)
    See also Working Paper (2001)

2002

28. An Empirical Analysis of Earnings and Employment Risk
    Journal of Business & Economic Statistics, 2002, 20, (2), 241-53 View citations (144)

2001

29. Superior Information, Income Shocks, And The Permanent Income Hypothesis
    The Review of Economics and Statistics, 2001, 83, (3), 465-476 View citations (86)
    See also Working Paper (1998)

2000

30. The dynamics of household wealth accumulation in Italy
    Fiscal Studies, 2000, 21, (2), 269-295 View citations (32)
    See also Working Paper (2000)
31. Using subjective income expectations to test for excess sensitivity of consumption to predicted income growth
    European Economic Review, 2000, 44, (2), 337-358 View citations (63)
    See also Working Paper (1998)

1999

32. Informal Networks in the Italian Labor Market
    Giornale degli Economisti, 1999, 58, (3-4), 355-375 View citations (80)

Chapters

2014

1. The Evolution of Income, Consumption, and Leisure Inequality in the United States, 1980–2010
   A chapter in Improving the Measurement of Consumer Expenditures, 2014, pp 100-140 View citations (11)

2011

2. Earnings, Consumption and Life Cycle Choices
   Elsevier View citations (117)
   See also Working Paper (2010)

2010

3. Comment on "Italians Are Late: Does It Matter?"
   A chapter in Demography and the Economy, 2010, pp 412-417

Software Items

2009

1. Code and data files for "Does Consumption Inequality Track Income Inequality in Italy?"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2010)