Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/142210
Authors: 
Gropp, Reint
Saadi, Vahid
Year of Publication: 
2015
Series/Report no.: 
IWH Online 9/2015
Abstract: 
It is widely claimed that “the German saver” suffers (i.e. generates significantly lower returns on her savings) in the low interest environment that Germany currently experiences relative to a high interest rate environment. With “low interest rate environment”, the observers tend to mean “low policy rates”, i.e. the European Central Bank’s (ECB) main refinancing rate.
Subjects: 
European Union
German saver
Low Policy Rate Environment
Persistent Identifier of the first edition: 
Document Type: 
Research Paper

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