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Micro and Macro Resilience Measures of an Economic Crisis
Networks and Spatial Economics ( IF 1.6 ) Pub Date : 2019-05-30 , DOI: 10.1007/s11067-019-09470-9
Cristina Bernini , Maria Francesca Cracolici , Peter Nijkamp

Using Italian Households Budget Survey data over the period 1997-2013, a Cragg model in a life-cycle context is specified to compare the consumption behaviour in the pre- and post-crisis time and develop different micro and macro measures of resilience against crisis shocks. Cohort profiles for participation in and for consumption of tourism services in the pre- and post-crisis time are determined so as to explore the households’ resilience by generations. Next, the households’ resilience according to socio-demographic characteristics is addressed. As for the macro-resilience, combining individual expenditure elasticity, we examine whether and how Italian regions have responded to the recent economic crisis.

中文翻译:

经济危机的微观和宏观复原力措施

使用1997-2013年期间的意大利家庭预算调查数据,指定了生命周期背景下的Cragg模型,以比较危机前和危机后的消费行为,并制定不同的微观和宏观指标来应对危机冲击。确定在危机前和危机后时期参与和消费旅游服务的同类人群概况,以便世代探索家庭的适应力。接下来,解决了根据社会人口特征的家庭适应能力。关于宏观弹性,结合个人支出弹性,我们研究了意大利地区是否以及如何应对最近的经济危机。
更新日期:2019-05-30
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