SIMONE TEDESCHI

RESEARCH PROJECTS

HOUSEHOLD RISK SHARING

How and how much households insure and smooth incomes fluctuations and shocks to stabilize their consumption?

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We aim at deepening the knowledge of consumption insurance at household level by identifying and measuring mechanisms through which households cope with risk of income shocks, both between and within them. In particular we aim to:

1. Quantify, in a unified and consistent framework, risksharing mechanisms that are normally analyzed separately;

2. Deepen the role of neglecting risk and time preferences heterogeneity on the measure of risksharing;

3. Go in to depth in the analysis of the intra-household smoothing channels;

4. Assess between-households heterogeneity in terms of risksharing capacity along a number of dimensions such as the position of households in the wealth distribution, access to credit, preferences heterogeneity, and more.

INDIVIDUAL PREFERENCES FOR SOCIAL INSTITUTIONS

What determines individual preferences for different configurations of social institutions?

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The focus of this research strand is a theoretical and empirical investigation on the socio-economic, institutional and cultural factors which shape voters' preferences for different configurations of social institutions.

In particular, we aim to:

1. Determine – across individuals and countries - the relative salience of two political issues that are characterized by a certain degree of substitutability in terms of risks protection, such as formal social protection and market regulation;

2. Go in depth in the relationship between household income and individual preference for public education spending;

3. Analyze the political equilibria that determine different socio-institutional arrangement.

TAXATION, REDISTRIBUTION AND HEALTH

How should taxation schemes change in relation to the different - and sometimes conflicting - redistribution, revenue and public health goals?