Essays on equality of opportunity -PhD Thesis-

[…] more in the credit market even when relatively more averse to effort violating the equality of opportunity principle. Moreover, we find that marginal richer borrowers exert less effort than poorer ones in equilibrium. Empirical evidence in Italy points to a limited impact of policy measures aimed at increasing credit opportunities without targeting accurately the beneficiaries.

Essays on household bargaining -PhD Thesis-

[…] dissertation focuses on the testing and identification of models of household decision-making, with an emphasis on bargaining between spouses. Chapter 1 provides a framework for analyzing the impact of a change in property division law–a natural experiment that affects spouses’ bargaining power in a discrete manner–on household decision-making. I focus on the 2000 House […]

Debts on debts

This paper studies the impact of mortgages on consumer debt and on debt on durable goods. We first present a stylized model in which an outstanding debt, representing mortgages, affects positively consumer debt, and debt on durable goods. The model is empirically tested for the U.S. using PSID 2005 wave. Our results are striking. […]

Disability, capacity for work and the business cycle: an international perspective

[…] and country-specific household panel data sets, as well as administrative data, to test whether disability benefit claims rise when unemployment is higher, and also to investigate the impact of unemployment rates on flows on and off the benefit rolls. We find strong evidence that local variations in unemployment have an important explanatory role for […]