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Economy and Finance
Scientific paper

Consumer Savings Behaviour at Low and Negative Interest Rates

Details

Identification
Discussion Paper 172
Publication date
5 October 2022
Authors
Marco Felici | Geoff Kenny | Roberta Friz | Directorate-General for Economic and Financial Affairs

Description

In this paper, the interest rates transmission to savings at low and negative rates is studied by exploiting the microdata from the EU Consumer Survey in combination with data on the monthly nominal interest rates offered on one-year household deposits in financial intermediaries across 19-euro area countries.

Information and identifiers

Discussion Paper 172. October 2022. Brussels. PDF. 50pp. Tab. Graph. Bibliogr. Free.

KC-BD-22-009-EN-N (online)
ISBN 978-92-76-52940-8 (online)  
ISSN 2443-8022 (online)
doi:10.2765/467099 (online)

JEL classification: D12, D84, E21, E31, E52.

Disclaimer

European Economy Discussion Papers are written by the staff of the European Commission’s Directorate-General for Economic and Financial Affairs, or by experts working in association with them, to inform discussion on economic policy and to stimulate debate. The views expressed in this document are solely those of the author(s) and do not necessarily represent the official views neither of the European Commission nor of the European Central Bank.

Consumer Savings Behaviour at Low and Negative Interest Rates

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Consumer Savings Behaviour at Low and Negative Interest Rates
English
(2.33 MB - PDF)
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