{"id":52167,"date":"2023-12-01T17:47:30","date_gmt":"2023-12-01T16:47:30","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/assessing-and-predicting-financial-vulnerability-of-italian-households-a-micro-macro-approach\/"},"modified":"2025-10-22T22:15:42","modified_gmt":"2025-10-22T20:15:42","slug":"assessing-and-predicting-financial-vulnerability-of-italian-households-a-micro-macro-approach","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/52167\/","title":{"rendered":"Assessing and predicting financial vulnerability of Italian households: a micro-macro approach"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-52167","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"In this study we develop a micro-founded model to analyse the economic-financial conditions of Italian households. Using household level data, we build an indicator to identify vulnerable households based on their budget constraint and the composition of their financial portfolio. Then, we calculate the impact of the predicted trends of macroeconomic variables on the indicator in order to monitor its evolution in the short term (2015\u20132017). The empirical analysis is based on the Survey of Household Income and Wealth of the Bank of Italy and on a set of macroeconomic forecasts. Our findings suggest that the macroeconomic scenario for the period 2015\u20132017 implies a progressive reduction in the percentage of vulnerable households for the full extent of the projection.","onlinedate":"2018-08-01 02:00:00","lang":"English","publication_series":"","publication_date":"20180801","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Financial margin\",\"Households' financial vulnerability\",\"Macroeconomic forecasts\",\"Micro-founded models\"]","jelcodes":"[]","related_publications":"[]","pdf":null,"zip":null,"link":"http:\/\/www.springer.com\/10663","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"45","monthly_report_pages":"587-605","monthly_report_pages_sort":"587","issue":"3","journal":"Empirica","publisher":"","invisible":false,"external":true,"embargo_date":null,"types":[83083],"research_groups":[3500],"collaboration":"","persons":[13361,13363,13365,13367,13339],"persons_data":"[{\"personId\":13361,\"personName\":\"Alessandra Bettocchi\",\"organisationNames\":[]},{\"personId\":13363,\"personName\":\"Elena Giarda\",\"organisationNames\":[]},{\"personId\":13365,\"personName\":\"Cristiana Moriconi\",\"organisationNames\":[]},{\"personId\":13367,\"personName\":\"Federica Orsini\",\"organisationNames\":[]},{\"personId\":13339,\"personName\":\"Rita Romeo\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - 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