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This is a paper explaining the EU Directive on Taxation of inter-State interest on savings. It concerns situations … where the savings of an EU resident are placed in another member-State. The majority of EU States would like information … a lot of savings inflows would like to continue to do so and would like to offer confidentiality. They prefer to levy a …
Persistent link: https://www.econbiz.de/10012712576
Data for world savings rates do not suggest that an aggregate glut of world savings has depressed US and international … interest rates in recent years. Unusual but offsetting changes in savings rates have been limited to three regions: sharp … increased very little. There are two important features of this change in regional savings behavior. First, three-quarters of …
Persistent link: https://www.econbiz.de/10012467159
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Data for world savings rates do not suggest that an aggregate glut of world savings has depressed US and international … interest rates in recent years. Unusual but offsetting changes in savings rates have been limited to three regions: sharp … increased very little. There are two important features of this change in regional savings behavior. First, three-quarters of …
Persistent link: https://www.econbiz.de/10013310208
Persistent link: https://www.econbiz.de/10014440477
We study interest rates transmission to savings at low and negative rates. Exploiting cohorts of consumers from a data …-rich multi-country survey, we show how the strength of interest rate transmission to savings varies with the level of nominal … levels, there is evidence that the savings response may even reverse sign. Such a "savings' reversal" is consistent with the …
Persistent link: https://www.econbiz.de/10013375223
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