Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/262930 
Authors: 
Year of Publication: 
2022
Citation: 
[Journal:] Intereconomics [ISSN:] 1613-964X [Volume:] 57 [Issue:] 1 [Publisher:] Springer [Place:] Heidelberg [Year:] 2022 [Pages:] 8-10
Publisher: 
Springer, Heidelberg
Abstract: 
The decline of "natural real interest rates" during the last three decades is a common phenomenon in all advanced economies and can be explained by a number of structural factors: the downward trend in potential growth; population ageing, which has led to higher savings rates in many countries; and the rising inequality in the distribution of wealth, which also increases the average savings rate.
JEL: 
E62
H6
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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