Journal of
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Archive » January 2014 » Personal savings in Italy, channeling resources for growth

Personal savings in Italy, channeling resources for growth

Francesca Bartoli, Marcello Calabrò, Roberto Larotonda, Laura Marzorati, Zeno Rotondi
January 2014
Jel codes: E21, G11

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

 

 

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