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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Low Interest Rate Policy of the European Central Bank. Are European Savers being expropriated?

The Low Interest Rate Policy of the European Central Bank. Are European Savers being expropriated?

Schmolke, Heiko

Paperback

AccountingBusiness General

ISBN10: 3960671199
ISBN13: 9783960671190
Publisher: Anchor Academic Publishing
Published: Mar 16 2017
Pages: 146
Weight: 0.58
Height: 0.31 Width: 7.00 Depth: 10.00
Language: English
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 therefore decisive for the actual income from financial assets and crucial for the savings and investment behavior. This study, therefore, shall play ist part to investigate scientifically the influence and correlation of low and negative key interest rates on yield levels of selected asset classes within the sphere of influence of the European Central Bank. In this context, the mainly populist question is also answered whether savers are expropriated slowly.

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