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Author Schmolke, Heiko.

Title The low interest rate policy of the European Central Bank : are European savers being expropriated? / Heiko Schmolke.

Publication Info. Hamburg : Anchor Academic Publishing, [2017]

Item Status

Description 1 online resource
data file
Bibliography Includes bibliographical references.
Summary 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.
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject European Central Bank.
European Central Bank.
Banks and banking, Central -- Europe.
Banks and banking, Central.
Europe.
Interest rates -- Europe.
Interest rates.
Monetary policy.
Monetary policy.
Eminent domain.
Eminent domain.
Genre/Form Electronic books.
Other Form: Print version: Schmolke, Heiko. Low Interest Rate Policy of the European Central Bank. Are European Savers being expropriated? Hamburg : Diplomica Verlag, ©2017 9783960671190
ISBN 9783960676195 (electronic book)
3960676190 (electronic book)
3960671199
9783960671190