30410 - Economy of Savings and Pension Funds

Academic Year 2013/2014

  • Teaching Mode: Traditional lectures
  • Campus: Rimini
  • Corso: First cycle degree programme (L) in FINANCE, INSURANCE AND BUSINESS (cod. 8053)

Learning outcomes

The aim of the course is to offer students a set of tools which can be used to understand intertemporal choices with a particular attention to consumption/saving decisions. Topics of the course are macro and microeconomics of pension systems and an analysis of the private pension pillar in Italy.

Course contents

1. Saving in National Accounts

2. The microeconomic approach: intertemporal choices

3. The macreconomic approach: saving, accumulation and growth

4. Pension saving and pension funds

5. Finance methods in pension systems

6. The reform of the private pension pillar in Italy

Readings/Bibliography

Jappelli and Pistaferri: Risparmio e scelte intertemporali, Il Mulino

Teaching tools

Theoretical (60%) and empirical (40%) lectures. In particular the course will introduce students to the statistical-econometric package STATA and to the use of microdata (Survey of Households Income and Wealthof the Bank of Italy) useful to analyse empirically saving decisions.

Office hours

See the website of Carlo Mazzaferro