LEADER 00000cam a2200637Ii 4500 001 on1012882202 003 OCoLC 005 20200717185908.6 006 m o d 007 cr |n|---||||| 008 171125s2017 gw ob 000 0 eng d 019 1012782101 020 9783960676195|q(electronic book) 020 3960676190|q(electronic book) 020 |z3960671199 020 |z9783960671190 035 (OCoLC)1012882202|z(OCoLC)1012782101 040 EBLCP|beng|epn|cEBLCP|dOCLCQ|dMERUC|dYDX|dN$T|dOCLCF |dAGLDB|dOCLCQ|dOCLCO|dS9I|dSTF|dOCLCQ|dOCLCO 043 e------ 049 RIDW 050 4 HG2976 072 7 BUS|x027000|2bisacsh 082 04 332.1/1|223 090 HG2976 100 1 Schmolke, Heiko. 245 14 The low interest rate policy of the European Central Bank :|bare European savers being expropriated? /|cHeiko Schmolke. 264 1 Hamburg :|bAnchor Academic Publishing,|c[2017] 300 1 online resource 336 text|btxt|2rdacontent 337 computer|bc|2rdamedia 338 online resource|bcr|2rdacarrier 347 data file|2rda 504 Includes bibliographical references. 520 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. 588 0 Print version record. 590 eBooks on EBSCOhost|bEBSCO eBook Subscription Academic Collection - North America 610 20 European Central Bank.|0https://id.loc.gov/authorities/ names/n95055518 610 27 European Central Bank.|2fast|0https://id.worldcat.org/fast /707463 650 0 Banks and banking, Central|0https://id.loc.gov/authorities /subjects/sh85011647|zEurope.|0https://id.loc.gov/ authorities/subjects/sh85045631-781 650 0 Interest rates|0https://id.loc.gov/authorities/subjects/ sh85067247|zEurope.|0https://id.loc.gov/authorities/ subjects/sh85045631-781 650 0 Monetary policy.|0https://id.loc.gov/authorities/subjects/ sh85086787 650 0 Eminent domain.|0https://id.loc.gov/authorities/subjects/ sh85042794 650 7 Banks and banking, Central.|2fast|0https://id.worldcat.org /fast/827036 650 7 Interest rates.|2fast|0https://id.worldcat.org/fast/976178 650 7 Monetary policy.|2fast|0https://id.worldcat.org/fast/ 1025230 650 7 Eminent domain.|2fast|0https://id.worldcat.org/fast/908749 651 7 Europe.|2fast|0https://id.worldcat.org/fast/1245064 655 4 Electronic books. 776 08 |iPrint version:|aSchmolke, Heiko.|tLow Interest Rate Policy of the European Central Bank. Are European Savers being expropriated?|dHamburg : Diplomica Verlag, ©2017 |z9783960671190 856 40 |uhttps://rider.idm.oclc.org/login?url=http:// search.ebscohost.com/login.aspx?direct=true&scope=site& db=nlebk&AN=1641054|zOnline ebook via EBSCO. Access restricted to current Rider University students, faculty, and staff. 856 42 |3Instructions for reading/downloading the EBSCO version of this ebook|uhttp://guides.rider.edu/ebooks/ebsco 901 MARCIVE 20231220 948 00 |d20200727|cEBSCO|tEBSCOebooksacademic NEW June-July 17 7032|lridw 994 92|bRID