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 that a similar reform could cure the current problems in the German banking sector. In this paper, we ask whether the Italian experience can really serve as a role model for...