On the Structure of Italian Households: Consumption Patterns During the Recent Crises

Concetta Rondinelli

Politica economica, 2014, issue 2-3, 235-260

Abstract: This paper reviews the evolution of the Italian household consumption during the recent crises. I first provide a comparison between macro data, recovered from the National Accounts, and micro data, from the Household Budget Survey, and show that the main aggregates from the two sources behave in a similar way over time. I then inspect the typologies of households that most suffered from the recent economic crises and provide evidence of sizeable re-composition effects in their consumption patterns. Specifically, younger, and to a less extent older, households were most affected by the economic downturn; those middle aged, living in Northern regions, highly educated and owners of a house could instead easily cope with the recession.

Keywords: micro and macro consumption; consumer behavior; spending; recession. (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:mul:je8794:doi:10.1429/80194:y:2014:i:2-3:p:235-260

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