The Low Interest Rate Policy of the European Central Bank. Are European Savers being expropriated?
Central banks around the world have lowered their key interest rates to historical lows and implemented large asset purchase programs in the past few years. Within the scientific and, most recently, also increasingly in the political debate, the nominal interest rate is mainly the subject of discussion. The question is often raised whether saving and retirement provision are still worthwhile for private households, especially in Germany. In this context it is often ignored or not considered that the purchasing power of the nominal interest rates fluctuates considerably with the inflation rate. Inflation-adjusted real interest rates are theref…
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Produktdetails
- ISBN: 978-3-96067-619-5
- EAN: 9783960676195
- Produktnummer: 22689240
- Verlag: Anchor Academic Publishing
- Sprache: Englisch
- Erscheinungsjahr: 2017
- Seitenangabe: 142 S.
- Plattform: PDF
- Masse: 16'034 KB
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