Intergenerational precautionary savings in Europe

Posted on 18 October 2021 by Serena Trucchi

The extended family can act as an insurance tool against adverse events. In our latest post, Francesco Scervini and Serena Trucchi document a new channel for saving, namely the effect of uncertainty in the offspring’s income on parental savings and illustrate its role in the framework of the COVID-19 outbreak. During the COVID-19 pandemic, household
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