Personal savings in Italy, channeling resources for growth

Francesca Bartoli, Roberto Larotonda, Zeno Rotondi, Laura Marzorati and Marcello Calabrò
Additional contact information
Francesca Bartoli: UniCredit
Roberto Larotonda: UniCredit
Zeno Rotondi: UniCredit
Laura Marzorati: Pioneer Investments
Marcello Calabrò: Pioneer Investments

BANCARIA, 2014, vol. 1, 25-38

Abstract: Despite the decline during the crisis, Italian households savings rate is in line with major European countries and higher than Us and Uk. Conservative portfolios allowed, during the crisis, to contain volatility and to protect wealth, but they are not an optimal choice for recovery. It is important that Italian households improve the efficiency of portfolios and stimulate economic growth by channeling resources towards asset management to support firms

JEL-codes: E21 G11 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ban:bancar:v:01:y:2014:m:january:p:25-38

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