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Personal savings in Italy, channeling resources for growth

Author

Listed:
  • Francesca Bartoli

    (UniCredit)

  • Roberto Larotonda

    (UniCredit)

  • Zeno Rotondi

    (UniCredit)

  • Laura Marzorati

    (Pioneer Investments)

  • Marcello Calabrò

    (Pioneer Investments)

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

Suggested Citation

  • Francesca Bartoli & Roberto Larotonda & Zeno Rotondi & Laura Marzorati & Marcello Calabrò, 2014. "Personal savings in Italy, channeling resources for growth," BANCARIA, Bancaria Editrice, vol. 1, pages 25-38, January.
    • Handle: RePEc:ban:bancar:v:01:y:2014:m:january:p:25-38
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    File URL: http://www.bancaria.it/en/personal-savings-in-italy-channeling-resources-for-growth/
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    More about this item

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions

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