Series: IMF Working Papers
Author(s): Daniel Garcia-Macia
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 31 August 2018
Keywords: Europe, Italy, Flow of funds, financial linkages, balance sheet analysis, bail-in, bailout, Portfolio Choice
High household wealth is often cited as a key strength of the Italian economy. Both in absolute terms and relative to income, the Italian household sector is wealthier than most euro area peers. A sizable fraction...