Description: The Low Interest Rate Policy of the European Central Bank. Are European Savers being expropriated? by Heiko Schmolke 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. FORMAT Paperback LANGUAGE English CONDITION Brand New Long Description 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. Details ISBN3960671199 Author Heiko Schmolke Pages 146 Publisher Anchor Academic Publishing Language English ISBN-10 3960671199 ISBN-13 9783960671190 Media Book Format Paperback Year 2017 Imprint Anchor Academic Publishing Illustrations Illustrations, black and white Publication Date 2017-03-16 UK Release Date 2017-03-16 Audience General We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:116522798;
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ISBN-13: 9783960671190
Book Title: The Low Interest Rate Policy of the European Central Bank. Are Eu
Publisher: Anchor Academic Publishing
Publication Year: 2017
Subject: Business
Item Height: 254 mm
Number of Pages: 146 Pages
Language: English
Publication Name: The Low Interest Rate Policy of the European Central Bank. Are European Savers Being Expropriated?
Item Weight: 263 g
Type: Textbook
Author: Heiko Schmolke
Item Width: 178 mm
Format: Paperback