According to Senior Scholar Jan Kregel and Paolo Savona, attempting to maintain the status quo in the face of the introduction of some recent technological innovations-chiefly cryptocurrencies and associated instruments based on distributed ledger technology, the deployment of artificial...

In 2011, Italian businesses and households have faced the Sovereign debt crisis, but savings confirmed its resilience. Since the beginning of the crisis, Italian households’ propensity to save has fallen nearly 1.8 percentage points, although Italy continues to rank above most other...

The continuing statements about the fall in the households’ propensity to save are not based on a deep analysis of the causes, and in particular the tax burden increase, low interest rates, lower protection offered to the workforce. An economic policy aimed to protect savings and to promote...

The crisis has produced its effects on households incomes and on their savings behaviour.The reduction in disposable income and savings is the cost that households pay to compensate delays in the adjustment of public finances and to support businesses investments. A detailed analysis on the...