Personal savings in Italy, channeling resources for growth

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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Year of publication:	2014
Authors:	Bartoli, Francesca ; Larotonda, Roberto ; Rotondi, Zeno ; Marzorati, Laura ; Calabrò, Marcello
Published in:	BANCARIA. - Bancaria Editrice. - Vol. 1.2014, January
Publisher:	Bancaria Editrice

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Extent:	text/html
Type of publication:	Article
Classification:	E21 - Consumption; Saving ; G11 - Portfolio Choice
Source:	RePEc - Research Papers in Economics

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