Carletti, Elena; Hakenes, Hendrik; Schnabel, Isabel - In: Vierteljahrshefte zur Wirtschaftsforschung 74 (2005) 4, pp. 32-50
The privatization of the Italian savings banks is often described as a success story. Proponents of privatization argue … Italian experience can really serve as a role model for Germany. Our analysis confirms that the Italian reforms of the 1990s … loans. However, this success has to be attributed to a broad set of reforms, which went far beyond the privatization of …
